I searched for this (here and on Google generally) but found conflicting information.
I have my gmail acct and calendar set as primary on my Droid. My wife's G-calendar is shared with mine and events on her calendar show up in different colors on my calendar when viewed in a browser (as expected; mine are blue, hers are green). But on my Droid's calendar app, events from my calendar and hers both show up as the same color (blue).
Many posts here and elsewhere seem to indicate that once you select a color for events from a shared calendar in a browser, the same color scheme should show up on the default calendar app on the Droid. But this isn't the case for me; all events, whether from my calendar or my wife's, are displayed in the same color.
Am I missing something?