hahaha!!
As you suggest The first idea was to use the compass light as a power source, but i think it makes more sense to load the lighting circuit. (a liitle bit more complicated but more logical from my point of view).
But what is definitive is that checking the PANEL 301 specs, you'll see that the maximum load for the compass light is 10W/1A, and at a full power in WHITE color (all RGB leds on), this consumes more that 1.2A (14W at 12V).
The control unit is installed in the space that you are talking about.
As you may already imagined, one can set these LED's to emit WHITE light as well.
The great point of changing the color and luminosity is that you can use it in RED to serve as sailing light by night in order to move safely without disturbing your eyes response.
And we use to set it BLUE to make a "lounge-relaxing" enviroment to have a drink after dinner
Anyway, my legs look horrible regardless the light color !!