The following screenshots should give you some idea of what mutt will look like if you used my colour settings.
Index view
This shot shows mutt's index view. Note the threaded display, this feature of mutt makes it very useful for reading mailing lists. In my configuration the threading of folders (amongst other things) is controlled on a per-folder basis using folder hooks.
Index view with various highlights
This shot shows mutt's index view with a number of items of differently highlighted items of email. Notice that new emails are highlighted in one colour and that new emails which are replies to an email I've written are highlighted in another colour.
I control my colour settings using a single colour file.