FYI Michael Holm has been doing some testing. Look at facebook, group: Diamond Hotend where Michael has linked/uploaded videos of some of his tests. (sorry for no direct link. I am too new to this forum, for the forum to allow me to post links yet).
To be more specific, there is a small lack between color changes. The color change can be done on a sacrificial square, rim or as part of the infill.
How do I know this? I am a member of the hackerspace Labitat in copenhagen where Michael is also a member. The developers of the Diamond Hotend are also members of the Labitat hackerspace.
There is however no business affiliation between either of us. That is between, Labitat, Michael, Me or the Developers. We ARE however long time hacker friends

And Micheal was the first to repstrap a RepRap Mendel, outside of Bath University, back in 2009-2010. Two weeks later tonokip also had a working RepRap Mendel. The rest is history, as they say.