Rainbow Rod

The Rainbow Rod is a Hardmode magic weapon that launches a mouse-controllable projectile, similar to the Flamelash or Magic Missile. The projectile is white, and emits a good deal of light that rotates through the entire color spectrum (when a color Lighting Mode is selected). Unlike the Flamelash, the Rainbow Rod's projectile can move through Water without dying, as well as Lava. It can be controlled for up to one minute before dissipating.

Tips

 * With the proper equipment, the Rainbow Rod becomes one of the most damaging weapons in the game (up to 115 damage), and is useful in boss fights and other enemies with high defense.
 * The Rod can also be used to light areas remotely.

Trivia

 * The Rainbow Rod is unique in the fact that out of the three "magic missile" type weapons (the other two being Flamelash and Magic Missile), it is the only one that can be crafted.
 * Early pictures of 1.1 shows that the Rainbow Rod's sprite was identical to the Ice Rod, but red.

Bugs

 * If talking to any NPC prior to opening up the shop function, you may not control the Rainbow missile. Instead, you just shoot out a bolt of rainbow.