At only $15 per flood, the price is a good one. However, I have my doubts as to how far those "little" LEDs will throw a beam.
Over on DIYC, someone posted a link to a video that had "light pillars", which looked like a RGB flood lighting their fence pillars in front of their house. Seems like this would be a good application for the Rainbow Floods.
I've got enough projects to keep me busy for a few more months, so I don't think I'm going to add anything to my list till after the convention.
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