I already dream in full color, and I shit you not, feel like I am able to use my senses - sound, sight, touch, smell, taste, etc, as if I were awake.
A while back, I had a dream where I found a shitload of cash - I recall in the dream saying "Let me put it in this draw,I'll get it later - and the person I was with saying "Yeah, but this is a dream, you'll look there and nothing will be there," to which I replied "Damn, you're right." I woke up after a few more things occurred in said dream, not as soon as I was aware I was dreaming. I was in control of my dream, aware I was dreaming, and this is just one example of things I go through almost every night.
Sometimes this is awesome, sometimes this is terrifying, sometimes it's neither extreme, just fun. To actually have more control