Um..Bullfeathers (Score 0)

I'm sitting here looking at my T-Mobile Sidekick (from Danger Inc.) that has a nice, shiny, multi-colored, variable speed LED rotator dial.

Seems to fall nicely into the same catagory as the posting.

Not to mention multicolor leds have been used in quite a few peices of hardware in a similar way (read, write, off, on, syscheck) that would sound like prior art to me!