LED Strip Idea - Advice Needed

I’m soon to renovate a room, and I like the idea of recessed LED strip lighting instead of cornices (I hope that makes sense).
The room being renovated is very much going to be a kids rumpus room, at some stage there’ll be an xbox kinect and who knows what else the future will bring.
So the idea is to buy some of that all-over-the-internet LED strip lighting and run it along the ceiling beside the wall. It would be diffused by a strip of timber of whichever size is appropriate.
I’m planning to run it along the full length of the wall(s) and I’d probably buy the multicolour stuf with the remote.
Has anyone seen anything like this before?

I bought this one and could not be happier. Amazing what this can do! I only have the 1 strip, that’s all I needed. Something like 133 programs, wild stuff. You need a 12V dc power supply with it, I think I paid about $8 for it. Read up on them, check them out on Youtube.

http://www.amazon.com/gp/product/B008L9YXJG/ref=oh_details_o01_s00_i01?ie=UTF8&psc=1

good luck in your search…

patrick