How Do You Feel About the LED Mood Lighting Trend?

Interesting discussion recently amongst friends about the proliferation of coloured LED lighting in the home as noticeable trend that has spilled from the hospitality field into home decor. The tech segment of friends liked adding mood lighting via LED light strips and noted the option to switch colours to set a mood was fun, while the other half found them a bit tacky and uneasy on the eyes ("they make rooms feel like a "hip" hotel lobby). What do you think about using LED inside the home?