The Concept is simple, have a Random number Generator generate three numbers between 0 and 255, feed them to three pwm pins that will drive a tri-color LED and you get it!
This is my first program written on a Panda since I got it at the beginning of the month.
[url]A random color generator using FEZ Panda - YouTube
Looks nice.
It is probably similar to my project (link removed) but I added a function so that colors fades into each other in stead of just flipping over every second.
Great work 
The led fun never ends
yup, that is my next step
Don’t underestimate the joy of LEDs Gus 
Yeah? How is this for LED fun?
I just remembered, I do not think I made a video of the ticktacktoe 
LED’s are epic. You can do so much with them! possibilities never end ;D
And Gus: please please video
Please take a video Gus. We never got to see how that game turned out.
Did you ever bring it to the Make faire ?