Please accept my apologies if this topic would be best rendered in the coffee house. 
 
Because I was trying to learn more, I came upon the following article...
 
http://en.wikipedia.org/wiki/Colors_of_noise
 
I asked a confidant if she thought the color of noise was of any consequence, and she looked at me with crossed eyes.  Then she said, "shut up and make music. it doesn't matter, nobody cares. Do what you like, and like what you do.  Now leave me alone." Then there was nothing but silence.
 
For the life of me I can't understand why she didn't see the significance of having at least an awareness of these concepts.  Maybe it's just me.
 
the blind horse
 
 

Brown Noise!?!?  Never heard of it,  But I have heard of a Brown Note.
 
http://en.wikipedia.org/wiki/Brown_note
 
A Brown Note is the note a bass player plays that fills you with the urge to defecate (can I say defecate under the new code of conduct?).  Well in any event you will have to ask bapu about the Brown Note.  I am sure he can explain the subtleties of bass playing as it pertains to a Brown Note better than I can.  You will find him in one of the threads about toilets over in the Coffee House. 

I tune my room with mauve noise--sounds like the '80s.
 

blindhorse
 
I asked a confidant if she thought the color of noise was of any consequence, and she looked at me with crossed eyes.  Then she said, "shut up and make music. it doesn't matter, nobody cares. Do what you like, and like what you do.  Now leave me alone." Then there was nothing but silence.
 

But what was the color of that silence?  Was it ... golden?
 
How about the Sound of Color?  http://photosounder.com/
 

I agree with your friend.   Need to lay off the mushrooms and worry about what matters.  
 
As far as noise "colors" go.  Other than white noise, the naming scheme has really no significance to the sound.  They are just test signals with convenient color identifiers.  Pink noise is probably the most relevant for audio engineering as we hear that as a "flat" noise level.   It is a very good reference to how your spectral graph displays should look after mastering your own recordings.  

Wow Rumley, the mushroom statement was quite an assumption on your part.  Thanks.
 
the blind horse

Not an assumption, a joke. 

You or me?
 
the blind horse

He was being light hearted, joking around.

White Noise and Pink Noise are two things that are very valuable to audio mixers.  They generate them and use them when tuning a room...I know that will bring another round of jokes.
 
If you are going to be a musician I recommend that you understand these concepts.  They are not silly, esoteric theories.
 
 
 

And after you have used noise to tune your room or live venue make sure you put on some quaity reference music tracks just to make sure. Remember noise is not music and it is music that you are listening to most of the time. Noise will only tell you part of the story.