Hi Shimmy,
Apologies for the delayed response. To answer your questions: Visual Studio certainly has syntax coloring enabled for many languages by default. The sample Selma posted about is meant to show how you can implement
custom syntax coloring, whether for your own language service or to customize the text formatting beyond what's available through Tools-->Options-->Fonts and Colors.
I understand not wanting to install the CTP in March, as it was several months old at that point and required a large download. However, I would encourage you to download the VS 2010 Beta when it is released very soon. You should see significant improvements from the CTP in almost every aspect of Visual Studio 2010. There will be feedback forums for the beta as well, and I hope you'll post again to share more feedback.
Thanks for posting,
Brittany Behrens
Program Manager, VS Platform
http://blogs.msdn.com/vseditor