This LED faucet was designed by the Lichtenstein-based company, KWC Faucets. This one is designed in a way that makes the LED more visible if the room is darker, but I guess that happens with all LEDs. So it is pretty much the same shit, different case. At least it looks kind of neat.
KWC describes their EVE LED faucet as "an outstanding symbiosis of the vital life elements: water and light." I've never been to Lichtenstein, but is it really that boring that the vitality of your life is based around doing dishes?