Just remember that transparent is just that. You really need to make sure you have some sort of contrasting effects so you can see the thing and tell if it's upright or upside down, and how to make your coordinated turns without losing sight of the thing. Those transparent colors blend together pretty quickly as the plane gets more distant.

It looks cool, but in some cases, cool looks just don't cut it. You need to see the thing and those types of covering just don't work for good visibility.

CGr.