I have a couple lifx bulbs and my partner brought like 8 cheapo Chinese ones with her when we moved in together. It is quite nice. The LIFX bulbs give much higher quality light and better color, but the ability to schedule lights out and wake up to artificial sunrise is incredibly nice regardless. As cool as that is I would not recommend WiFi bulbs to anyone for the following reasons:

1. They are horribly insecure. I have them walled off in their own little VLAN but it still makes me paranoid. I'm no hacker but they have Internet access and radios, so I'm sure there's a server in Shenzhen that knows our comings and goings, when we have guests over, etc. They also have my IP address and all of my neighbors' SSIDs so they know exactly where I live.
2. They are a pain in the ass to set up. You have to power cycle the bulb five times, then wait for it to enter a pairing mode, then you have to wait for the stupid app to find the bulb,which doesn't always work. After that, you have to select your wifi network from the list, which again it might not always actually detect, even if it's a 2.4GHz network (because almost none of them support 5GHz). Then you have to type in your wifi password. Repeat this entire process for every. Single. Bulb. You'd think the process for the LIFX bulbs would be more streamlined because they're six times the price, but you'd be wrong. In theory they're Homekit enabled, which is cool if you have an iPhone unless you lost the barcode they put in the box. Or unless you have an older model. And again, sometimes they'll just refuse to work. I have a Color Mini that just stopped being smart one day. It's a really expensive normal bulb now.
3. If you put too many of them on the router your ISP gave you there's a good chance you'll start overwhelming it and your performance will degrade. More than like 15 devices total (including the bulbs, smart speakers, TVs, gaming consoles, phones, laptops, etc) and a bottom range router is going to start begging for death.

I'm keeping them because the lady likes them and at present, everything works so long as I don't touch anything. I'd like to try using zigbee bulbs because they solve a lot of the problems I have with WiFi bulbs but replacing the system I have would be expensive, even after liquidating the old ones on eBay.