Dichroic coatings are thin films of metal, vapour deposited on to glass, by varying the metals and combination pretty much any colour can be obtained.Or as other people pointed out an IR transparent mirror making for a cool(er) beam.
Yup,the colour is angle dependent, on the MR16 dichros with coloured dichro front glass the colour is pretty uniform out of the front because of the narrow beam angle of the lamp.
In flood lights with dichro colour filters the angle colour change is very apparent, sometimes wiith attractive results.
Automated lighting fixtures for entertainment use dichro colour filters as they are very long lived compared to plastic coloured gels.And the narrow optical path internally keeps them one colour.
Vari-Lite were one of the first to use dichro colours in this way and the VL5 uses the angular change in colour to good effect:
http://www.vari-lite.com/Products/Rental/vl5_index.phtml
Going some miles away from original thread but anyway......
Think some cycle lights use MR16/MR11 lamps but usually use a sealed lead acid battery as the power source.
Adam