This light provides a soft over all light on the subject. When you can only use one light this will even out the light on your subject. When you are taping, dance recitals, plays, or bands is the most common time you will have to deal with color lighting. You will have to adjust the exposure, perhaps the shutter speed to make the picture look good. Adjusting the white balance, may defeat the color lights and ruin the effect which the group wanted.
Adequate light is more important than the type of light.
In this vein there are a number of lights which I am experimenting with. The large battery powered flood lights and battery powered flouresent lights are the types I am playing with now. The term video light throws a lot of people off, making them think those are the only lights you can use. You must remember the white-balance function, by white balancing the camera for the light source you are using, you will achieve the correct color for your tape.