Holiday Lights: All White or Multi-Colored?

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Yesterday we were contemplating wreaths, and today we're on to the lights. Do you have a preference in the color of yours? We've always just used white in our house - it's classic and looks great with the red and gold ornaments we use. But now when we see multi-colored lights, especially those fat old-school style ones strung outside, we can't help but smile - they just have a really happy look about them...

We must admit, for a tree our taste really hasn't changed. But the multi-colored strands are definitely growing on us, otherwise. Which do you prefer, and why?

Image of multicolored lights: Amber Rhea

Image of white lights: Kimberlyfaye