First, I'd like to apologize for bringing this question back up, but I felt that it could use another answer.
Derek Schultz is kind of correct. The '\b' character moves the printing cursor one character backwards, allowing you to overwrite the character that was printed there (it does not delete the entire line or even the character that was there unless you print new information on top). The following is an example of a progress bar using Java though it does not follow your format, it shows how to solve the core problem of overwriting characters (this has only been tested in Ubuntu 12.04 with Oracle's Java 7 on a 32-bit machine, but it should work on all Java systems):
public class BackSpaceCharacterTest
{
// the exception comes from the use of accessing the main thread
public static void main(String[] args) throws InterruptedException
{
/*
Notice the user of print as opposed to println:
the '\b' char cannot go over the new line char.
*/
System.out.print("Start[ ]");
System.out.flush(); // the flush method prints it to the screen
// 11 '\b' chars: 1 for the ']', the rest are for the spaces
System.out.print("\b\b\b\b\b\b\b\b\b\b\b");
System.out.flush();
Thread.sleep(500); // just to make it easy to see the changes
for(int i = 0; i < 10; i++)
{
System.out.print("."); //overwrites a space
System.out.flush();
Thread.sleep(100);
}
System.out.print("] Done\n"); //overwrites the ']' + adds chars
System.out.flush();
}
}