From menu at Application » Settings you can configure all the settings grouped by their functionality.
By pushing Change font you can modify the type, style and dimension of the selected text.
By pushing Change color you can choose from a set of predefined colors or you can define others by pushing Define Custom Colors for the selected text.
Allow other users to see that I'm typing a response - you may allow other users to see when you write messages
Show popups when users login, logout - you will receive a message when contacts from your contact list will login/ logout
Show popups when new email arrives - when you are logged in other messengers too, you will receive a message that tells you that you have received an email
Save all my messages - messages will be saved in Messages history
Do not save any of my messages - messages will not be saved in Message history