Since 1904, New York City's Times Square has captured the world's attention each New Year's Eve as millions unite to count down the final seconds of the year. For 2009, a cutting edge 11,875 pound crystal Times Square New Year's Eve Ball was unveiled and will be on display year round in Times Square. The new ball is covered in 2,668 Waterford Crystals and powered by 32,256 Philips Luxeon Rebel LEDS, and is capable of creating a palette of more than 16 million vibrant colors and billions of patterns producing a spectacular kaleidoscope effect atop One Times Square.