I'm working on a project to try & get a strip of analog RGB LED's, which is hooked up to an Arduino Uno, to be activated by recognising audio played through my Mac (not detected from a microphone) and also have the LED's change colour to suit the frequency of the audio with some type of Colour Visualizer software. It would be great if the LED's increased & decreased in intensity to match the volume of the audio as well (not sure if this is possible?)
If you can manage the interface between the Arduino and the LED strips, here is an example of using Processing to monitor audio and pass pattern commands to an Arduino. The links to the code are about halfway in: Maker Faire Bay Area 2011 | macetech.com
The key is that you want to use Soundflower to create a virtual audio output device on your Mac, which can be piped both to your Processing sketch and your speakers. No mic involved. On Windows this is usually easier since you can use the Stereo Mix device.