I got a question on how to use the Advanced Computed Field for conditional formatting and when I finished writing up the response I figured I might as well share it with the community, being you all :)
Here’s the config I used:
<FieldRefs>
<FieldRef Name="TestField" />
</FieldRefs>
<DisplayPattern>
<Switch>
<Expr>
<Field Name="TestField" />
</Expr>
<Case Value="value1">
<HTML><![CDATA[<div style='color: green;'><b>GREEN</b></div>]]></HTML>
</Case>
<Case Value="value2">
<HTML><![CDATA[<div style='color: blue;'><b>BLUE</b></div>]]></HTML>
</Case>
<Case Value="value3">
<HTML><![CDATA[<div style='color: red;'><b>RED</b></div>]]></HTML>
</Case>
<Default>
<HTML><![CDATA[<div style='color: brown;'><b>BROWN</b></div>]]></HTML>
</Default>
</Switch>
</DisplayPattern>