At first glance, the new ball set to drop over Time's Square this New Year's Eve looks a lot like designs from years past. However, the updated ball is twice as big as previous versions (12-feet tall, 11,875 pounds) and it will be the first to be a permanent year-round fixture atop One Times Square. Besides its size, the ball is decked out with 2,668 Waterford Crystals and powered by 32,256 Philips Luxeon Rebel LEDS that are capable of generating more than 16 million distinct colors and billions of patterns. Essentially, it's a giant LivingColors lamp kaleidoscope for the world. [Times Square NYC]