I installed mine in my LOTR on location at Full Tilt Ice Cream (Ballard) in Seattle, and it looks great! Everyone who saw it today was super excited.
Just a couple issues to point out -- during the Shelob mode, when it's showing Frodo (I think) running from a side view, it drops color on a couple of frames. Also, I have a bill acceptor installed in my machine, and the little attract mode animation that shows a bill being inserted into a game is not colored. If anyone from Color DMD is reading this thread, you guys should consider coloring it for a future update -- I'd be really grateful! Also, I think the animation is the same on all Sterns, so you could copy it over to others for future use.