For under $200 you can have on of the coolest accent lights available. The Philips 16 million color lamp uses four LED's, one green, one blue, and two red. The translucent casing sits on an angle and can spit out 16,277,216 different color combinations via 256 different hues, saturation, and brightness levels up to 120 lumens.
The remote control has a cool color wheel to allow you to pick the right color and brightness for just about any mood. Check it out here.