Ideal command prompt

In setting up my new laptop, I've been experimenting with different command prompt settings in bash. Here is what I've settled on for now (click for a more clear image). It's simple, yet gives me all of the information I need in a format that is easy for the eye to parse. That's because the text color of the full path is inverted from your other colors.

If you are interested in using/tweaking it:
export PS1="\u:\[\e[0;07m\w\e[m\]> "

What's your ideal PS1? Here's a how-to article. It's written with Linux in mind, but the information applies to pretty much any environment where bash is present (OS X, Unix, Cygwin, etc.).

EDIT: My original post did not wrap the color code in \[ and \] which caused the first line wrap to overwrite the current line. Fixed!