This is how I got installation to work from Stock or ICS custom firmware.
(modified OP instructions with parts of Shano56 for installing custom firmware.)
Download the latest version of the ROM from here: http://goo.im/devs/trevd, or from here...
Color OS will only install if .zip is modified. The first line in the updater-script must be changed.
Presently, it only boots as the 'Internal' ROM.
To become the 'Internal' ROM, use the swap feature from the recovery.
Swapping takes about ...
Gesture Control Root seems like a good workaround.
Swipe up from bottom bezel to hide bar!
Swipe again to show!
Battery is even better on this latest build(7/12).