The iPhone can do many things, but "hypnotize passers-by with a dazzling array of colors" is not typically listed among its strong suits. That's where the iGlo LED Set comes into play, bundling a WiFi-enabled strip of 120 multi-color LEDs -- measuring some five meters in length -- with iPhone and iPad apps that can control them. $299 is a small price to pay for this kind of portable party-making power, considering you just spent that much on a bottle of Blue Label for Steve's birthday party last week... and that didn't turn you into the most popular guy in the room. Follow the break for a full demo.

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iPhone-controllable LED strip lets you take the rave with you for $300