So when you rename your sword to "&a&k. &1Ethy's PvP Sword &a&k" it would be in color and all that jazzy stuff!
Yep it's with all items bows swords and normal items it's cool I hope they are not going to fix this.
So the sword name stays white when you move your mouse over it, but when you kill somebody with it the name is in color? That sounds pretty awesome.