With white foreground text, this gives a contrast ratio of 2.15:1 for SMS and 3.79:1 for iMessage. WCAG 2.x AA level compliances requires a contrast ratio of at least 4.5:1 for normal text and at least 3:1 for large text.
https://www.w3.org/WAI/WCAG21/Understanding/contrast-minimum...
| iOS 5-6 | iOS 7+ |
---------+-------------+--------+
SMS | 11.3 - 13.4 | 2.2 |
iMessage | 11.8 - 14.1 | 3.8 |To my eyes, the green/blue doesn't make much difference in terms of legibility. I obviously find the reduced contrast throughout iOS annoying and keep increase contrast turned on.