Nice. I'm not big on LED's, but if I were to do one, I love the whole color changing thing.
Regarding your spacebar stabilizer and the hooks the wire slips into, don't go removing LEDs just yet. You may want to try putting a couple of washers (in your case, transparent plastic ones) over the barrels on the V and M keys so the wire can slip under that. May be a little noisy if they're not secured, but you get to keep those LEDs.