Task: 248067
Details: Use --no-color where appropriate. Use a hack to remove color sequences from output for "status" since it does not support the option as of git 1.6.2.
RevBy: tba
Details: - as on windows some git commands take much longer it happens fairly often, that git timeouts.
- added a timeout value to the option to let the user choose maximum timeout value (minimum is 10 seconds, maximum 5 minutes)