[Shadow] sent in his ambient LED strip project. He picked up a ton of RGB (Red/Green/Blue) LEDs off of eBay and built several LED strips. To get up and running, he used an LED-wiz controller. With the off the shelf controller, this is a pretty easy project, and the ambient lighting effect looks great. Check out the video after the break or on the project page.
In 2006, we posted about [rafkep]‘s similar ambient lighting project.