It's not just available in red. Check the laser camera options on microvision's site:
http://www.microvision.com/lasercam.html . Full color and 1.4 megapixels.
In fact, I've actually used this system at the Mayo Clinic when I was doing graduate interviews last spring. Mayo is interested in using it for surgical planning, overlaying anatomical or functional scans on a surgeon's vision as they operate. It also is a hell of a way to browse the net. The cameras can mount on pretty much any eyewear; goggles, prescription glasses, whatever. I'm sure the biggest problem with them at the moment is lag characteristics, which I don't recall. Mayo's imaging group was working on integrating motion tracking and cool stuff.
I don't remember the price quote, but it seemed to be entirely too cheap to be such a limited prototype, and there may be a reason I'm holding off on getting a laptop
edit: Here's a Wired link from 2001 (!):
http://www.wired.com/news/technology...ory_page_next1