I also ended up in a reboot loop after I entered my color code along with #... But this thread helped me fix it though its working fine now.

@N9freak, I had similar issues, first I had the Wrench, then I played around with the only button that really matters(the power button) and it started right in.

Once done, when I disabled the dev mode with "flasher --disable-rd-mode", I had the flickering LED light which I believe was a form of error reporting... sort of like the beeps that the CPU gives when there's a hardware fault. I played around with the power button and removing/replacing the USB to the comp, and my phone just booted fine. Rebooted once to be sure.


A wee bit off topic but I hope it does help:
I had this problem where everytime the screen locked, unlocking would not turn on the display, even though the phone was on and the phone would ring on call, there'd be no other sign of life.

Rebooting would make it behave normally until it locks. I found that locking it yourself once with the power button somehow seems to resolve this... Has anyone else faced this?

[Edit]
The first time this happened to me I was just reading on Edurite, and browsing on the stock browser.

The second time this happened was now, i.e after fixing the reboot loop.

I have Inception, MAG's toggles, QT. Nothing against any of them