If this was the front page of your app or service's website, then fine.
But I'm trying to read here. I cannot help but notice the colour change in the corner of my eye. It is endlessly distracting. In the end I used chrome dev tools to delete it so I could actually read the damn content.
This is a blog: I came here to read pages of text, not look at pretty lights.
One question: do you think slowing down the color change would make a difference? I started with a 10 second animation through 5 colors, but it's currently a 30 second one. I might experiment with making it 1 or 2 minutes to make it more unobtrusive. thoughts?
It is nowhere near as bad as a blog I read where the guy had a rainbow background explode out of his profile picture (that scrolled with you) every few seconds. I couldn't even get one paragraph through that one ;-)
(but yes, I have a plugin for that, but the rest of his site is great and readable, it's just that one thing)
It's not likely to pop up, but I noticed it right off the bat.