Built-In Terminal: Use Load bash colors?

Is it possible to use bash colors in Terminal.

I'm using the Solarised color scheme, and while normal colors are fine in the coding windows, the built-in Terminal looks very bland (attached screen).

Is the terminal capable of loading & processing bash_profiles which has color scheme settings?

i.e:
# dark theme LS colour
export CLICOLOR=1
export LSCOLORS=GxFxCxDxBxegedabagaced

# Grep colours
export GREP_OPTIONS='--color=auto'
export GREP_COLOR='1;35;40'

# light theme colour
# export CLICOLOR=1
# export LSCOLORS=ExFxBxDxCxegedabagacad



Attachment(s):
Screen Shot 2014-06-01 at 9.28.04 am.png

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