I thought that the new/password letters were too big so I decided to change it and make it smaller. I also made the title words go up so it didn't interfere with Frank flying in the words' way. So this is what it looks like now.

Yes, if you press down, you can move the arrow down and enter a password and pressing up moves the arrow up if it's not already there. Pressing A starts the game with the choice you made. When something like this is implemented, it's much easier than if there were more than two options because the arrow movement can be simplified a lot.