I use several colors on mine.  It is done for size so I can reach in the box and be sure I am picking up the weight that I want.  Mine go brown, green, red, yellow from smallest to largest though I find that 1/16 and 3/32 are the most common sizes that I use and rarely go over 1/8 (red).

11 hours ago, Bluebasser86 said:

 I think a lot of it is the same issue a lot of bass guys have with Midwest Finesse in general where they're almost scared to use the bright colors and the light weight with the little hook because a guy can't possibly outsmart a wary bass with anything but the most natural looking colors. 

I 100% believe this is true.  When I go a few weeks without fishing a Ned that #2 hook always looks a lot smaller then I remember and sometimes I hard to believe I can catch the same fish on it and a 5/0 XXX shank jig hook.  

 

I prefer bright colors, mostly Red and Chart.  Disregarding what the bass think of them, I find a bright head really helpful in guiding the lure around snaggy cover and guiding it where I want it in general.  I am also often surprised at how many hits I detect by suddenly seeing my jig-head vanish. For river fishing it seems like the smallies swim at me fairly often after biting and the bright head vanishing often comes a second or so before I feel any pressure on the line or even see it move unnaturally.