A look at the Neopixel from Electronupdate:
A WorldSemi WS2812B, a.k.a. “NeoPixel”. This little device can be easily controlled by a Arduino and can be used in all sorts of neat things. More details, and a truly excellent Arduino Library may be found at Adafruit. Three LEDs and a controller bonded into a single package. Let’s take a look at the controller
More details at Electronupdate blog.
Check out the video after the break.