I want to thank eveyone for the additional advice. I want to keep the initial lighting as simple as possible and as subtle as possible (nothing flashing or blinking) just simple color changes or fades. Reading the manual for the Punch LED Pro the unit has a color change mode and a color fade mode. How slow can I make the colors change to provide a subtle effect that is basically on autopilot. Would this work for us to get started (two Punch LED Pros wired together master/slave)?
Also power is always an issue when we do private parties at private homes (many just have a 200 amp service and we are lucky if we can get power from two different 15 amp circuits) so I am convinced that LED is the way to go.