Alright, you asked for it so here it is :)
I recorded this full breakdown specifically for youtube, and I'm really pleased with how I was able to explain everything I wanted to say. It's a long video, but I think everything in it is valuable so I hope you don't mind the length (the unedited version was at least an hour and a half).
Here's a link to that excellent thread I referenced from the Pixel Joint forums: http://pixeljoint.com/forum/forum_pos...
0:00 Introduction
4:29 Reviewing a palette against the spectrum
7:50 Styles, moods and filters
10:08 Getting past basic intuition
14:55 Creating a palette from scratch
16:53 Creating a ramp
24:38 Bridging ramps
35:24 Navigating tricky spaces
This video features clips from my stream. Catch it live: Mon, Tues, Thurs and Fri 16pm AEST.
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Check out my game Insignia at http://upponhill.itch.io/insignia
Later, pals!