Hi,
I would like to suggest a 3W RGB-LED board. The board would be a single sided metal core PCB (for thermal management) with holes for mounting to a base or cooler and would contain a driver circuit which would be channel-PWMable with 3.3-5V levels. It would accept ~5-25V as input supply.
This board would make integrating power RGB-LEDs into Arduino projects very easy. There would be endless applications.
Suitable low cost power-LED driver ICs with PWM in are e.g. SN3550 or BP1361.
–Stefan