If your experience of coloured lighting extends to Christmas trees, yet you have a hankering for more colour in your life, check out Philips LivingColors lamps. They're small globes fitted with LEDs that can create a huge range of user selected colours.
There's two models in the range. The Iris is larger, comes equipped with a remote and can produce an impressive 16 million colours for $299. The smaller non-remote equipped Micro costs $99 and can produce 64 colours.
They mightn't be cheap, but my initial sticker shock faded once I factored their LED capabilities into the mix.
For a start they have a whopping 100,000-hour lifespan. They also consume a fraction of the energy of an incandescent light-bulb. Not only can they change colour, but they also don't heat up, making them safe for use with kids.
In use, their colour change capabilities can dramatically transform the mood of a room. Sliding your finger across a touch sensitive strip on the Micro lets you choose a colour, or you can dial one in on the Iris's remote.