My winter bike is a blue-&-silver Gary Fisher Ziggurat frame with a rigid fork. I decided to give it the full reflective-tape treatment using a mixture of blue and silver reflective tape.
Without camera flash, the colors aren't too far off the original colors, other than the fork, which was black and now is silver on the front:
Here's a before-&-after animated GIF with medium camera flash.

^ The blue reflects strongly enough that it looks almost silver there...

^ ...but this is probably more representative of what it'll look like in low-beam headlights.
Note the tape on the wheels. You can tell it's two different types. The weaker tape is glass-bead 3M Scotchlite that I got at an auto-parts store. The stronger tape is prismatic tape (Reflexite V82, in this case, which is also what I used on the frame). Either one is far better than nothing, but if you want stronger reflectivity, use reflective tape that uses prismatic technology. It's basically a sheet of cube-corner reflectors with a metallized back surface so it'll reflect from severe angles.
As a bonus, my living-room carpet has reflective speckles after one of these projects