Re: grounding wires
David - I'm glad you're going for the rewire job yourself. Take your time, use ty-wraps (zip-ties) and a sufficient number of tie down points. Surf the internet and you'll find some good articles on marine wiring. You will also probably run across some good reference materials on terminal sizes and applications.
As one person mentioned, the color of a crimp terminal corresponds to the wire guage it can accommodate. The size of the lug that it fits onto is something else entirely. Therefore, the same wire size (i.e., insulator color) is usually available to fit 2 or more different sizes of of lug (screw). This chart illustrates the different sizes available.
http://wireconnector.info/insulated-ring-terminal.htm
One more note concerning wiring - silicon grease. I operate in salt water almost exclusively and corrosion is major consideration. I put a small amount of silicon grease on every metal wiring component in my boat's electrical system. Every ring terminal, every fuse, every screw terminal, everything. (Almost 10 years without a failure.) Put a small amount of grease on permanent connections
before you make the connection. Putting it on afterward will prevent surface corrosion, but will not necessarily prevent corrosion that can occur in between the contact surfaces. (The silicon grease will
not inhibit current flow through a connection.) I even put a small amount inside of the terminal before I insert the wire and crimp it. Again, you might want to search in the Electronics Section of this forum on this subject a bit.