What you're looking at is the new New Years Eve ball to be dropped (they literally should drop it one year -- after setting it on fire. Fireball Island FTW!) in Times Square tonight.Last year, the Times Square Ball got an LED makeover for its 100th anniversary. This year that tradition continues, all 32,256 Philips Luxeon Rebel LEDs of it (and don't forget the 2,668 Waterford crystals). The 12-foot-wide, 11,875-pound ball is capable of displaying "16 million vibrant colors and billions of patterns"
The ball is 20% more efficient than last year as well, which means it will only consume enough power to run a handful of towns in the midwest.