I do like black because it suits my own coloring (dark), but I no longer fool myself that dressing all in black represents anything fashion-forward.
That aside, For spring/summer 05 I'd like a saffron dress shirt (thanks to Christo), and a magenta dress shirt. These I'd wear underneath a black suit, open collar.
I also have my eye on a candy-striped shirt - pinks, orchids, sherbert oranges- for with khakis or bluejeans
I would like some bold colorful pop-art graphic t-shirts in eye-popping colors. Good for the beach, city walks, layered under or over an open dress shirt, paired with a blazer and jeans. These t-shirts can't look like those ones from two to three years ago.
The major problem I have with color is it dates itself so quickly, as they systematically change "the color wheel." every season, so I will limit myself to a few items, mostly shirts, but hats, shoes, belts and scarves could be an option too. I will look for them in a hot, up-to-the-moment color, realizing that next year, it will die in the back of my closet.
If I could afford it, I'd buy suits in strange colors all the time, just to be a punk.