For those who don't just groove on good sounding music, but must look cool doing so, it's hard to beat Urbanears Platten headphones. These over-the-ear headphones have a trendy style, and better yet, they're available in a rainbow of colors (14 to be exact). The Platten Plus has inline iPhone volume controls, and is available in 4 colors.
Either way, these are excellent sounding and looking stereo wired heaphones with mic for $60. They're particularly good at blocking out ambient noise, so be careful when crossing the street, boys and girls. They can also get pretty darned loud without muddying the bass too much. Rock on.