I've read in the past that any blue light, not necessarily just bright blue light, increases the rate of macular degeneration. I read the article several years ago so I have nothing to cite, but it was a reputable publication. One of the benefits of lutein is to help the body produce a certain chemical in the eye that helps to filter blue light (again, long time ago so don't remember the specifics).
I have placed masking tape on or completely disabled most of the stupid blue LEDs that are on "modern" electronics in the house. The "friendliest" colours are supposed to be in the amber to green range.