Yassir Rais posted this photo of his latest custom Nike Dunks at his Customsnkr.com blog linked here. The designer will be posting additional photos soon but this first peek at the Rainbow Nike Dunks looks good. We have seen a lot of rainbow-inspired Nikes on MyAirShoes but these Dunks approach the rainbow from a new angle.

Instead of creating a kaleidoscope effect of every color on the rainbow, Yassir Rais relied on a more restrained depiction of the rainbow. The designer started with lighter colors just above the outsole including light blue and orange. These colors fade gradually as your eye moves to the eyelets and Nike swoosh, eventually giving way to deep red and indigo. The middle panel is kept white to divide one end of the rainbow from the other.

Yassir Rais was successful in creating subtle color changes on the Rainbow Nike Dunks through detailed fading. While I would have been tempted to overrun the toe box with blue paint, his commitment to matching the plain middle panel with the toe box shows that he is a skilled sneaker artist. The Rainbow Nike Dunks may not feature every color in the rainbow but it shows the progression from light to dark in a simple but stylish way.

Part of Nike’s collection coming in Spring/Summer 2009, these two Air Max Lights aren’t flashy but they are a solid release. The two different colorways each have a classic, old school feel, while using a variety of textures.

The more laidback version has a colorway of black, white and grey. The black is used on the side panels and on the tongue tab, while grey and white make up the rest of the shoe. The other shoe is more vibrant and features a red, black and white colorway. You will likely be able to find these shoes in the next few weeks where Nikes are sold. Via High Snobiety.

Puma recently hooked up with American Rag CIE to create three limited edition satin makeups of the classic First Round Hi. These shoes feature a patent leather heel panel and a white midsole.

Three colorways have been released – red, white and black.

Though I’m normally not a fan of satin sneakers, these aren’t half bad. The white version is a little too shiny for my personal taste, but the black and red editions are pretty decent.

You can get these sneakers now at the American Rag CIE website. Via Sneaker Files.

This shoe is proof that a DJ can actually collaborate with a Shoe brand to produce a nice wearable shoe. We present to you the Nike Air Force 1 Low Phoenix for the All Star Game 2009 by DJ Clark Kent. The name is Phoenix because the shoe is inspired by the Host City Phoenix of the All Star Game this year. It features a Tan micro perforated upper plus a piping that’s colored yellow and also a swoosh that’s yellow to match. There’s also a patent purple heel and an Orange midsole, East/West alternating laces and of course, the classic Gum for the outsole.

This military specified M-65 jacket is a hand reconstruction by False. It has fine detailing consisting of hand-screened salvaged denim and has concepts that are based around the “molecule” . It comes in soft slightly worn wash Black fabric. Now available at False.

Got some hot products today! Some sneakers and stuff for partying. Stay tuned for more hotties.

Kicksaholic: Nike Air Max 90 Current Moire doesn’t work with an iPod, but still looks sick.

Plunder Guide: G4’s Olivia Munn definitely stuns in her stunner shades and bikini. Liqueur Shot Glasses give a sweet sensation to your wet bar.

Sole Redemption: New Nike Air Presto slip-ons are big worldwide, and the Nike Blazer High Liberty Pack shines bright.

Plunder Girls: Stephanie Rotuna designs and fits well in clothing.

Friends: Nice Kicks: Check out the New Adidas Forum Mids at Foot Locker.