Lyric discussion by Mickyfinn 

Cover art for Stereotomy lyrics by Alan Parsons Project, The

The lines:

Starlight beams Project me in red blue and green Velvet dreams Protect me when I hit the screen

...are a reference to television. In the now old 'standard' tube TV, the screen (picture) is made up of red, blue and green pxels. If you look very closely at such a screen, you can clearly make them out.

So, taken with the repeated "do anything you want", my early take (without too much thought) refers to how television or video and/or images in general can be deceivving or manipulated.