Here is my favourite backstage shot (and as you may be noticing, one of my favourite models, Amelia) from the Steph Conley show.
Model Co did the makeup, and they are clever little cats because this muted (another new favourite thing of mine: the word muted) rainbow eye is very Paris s/s 07/08. A lot of the big make up houses did it, (Chanel, Shiseido, Dior campaigns followed through) and why it's good, and it keeps being mildly altered and done again, is because this under-and-above lining of almost metallic, paradise tones are just a leeetle bit fun. And because the colour is not leaping all the way up the eyelid, and the shades used are relatively sheer (or mixed with a pearly silver shade to soften), and the application is more like a liner job than a disco dolly job, it's wearable and cool in a non-15-year-old-in-1976, way.
Try it at home. Garn. Crack out some purple and emerald and line those little eyes. And don't forget, when the eyes are all fruity, the lips must be... That's right, an ANTI-COLOUR!
Like this font kind of, only more like your natural lip colour, and less like words on a computer screen.