Faded & Muted colors are just so much more DIFFICULT discern. So I am 110% with the bunch here for a revival of Solid, Easily Distinguishable Colors. Like it used to be.
Look here:
http://www.apple.com/iphone/mobileme/ , and tell me if you see muted colors on the iPhone on the top right section. No, it's in SOLID colors. Why? Simple - it looks more attractive when you are trying to promote something.
Likewise, Apple Dev's should seriously consider giving us back solid colors - on iPhone and on Mac's iCal. If you know enough to enhance the colors on your own website, can't you imagine your users would want the same benefit? Duh...