I think the current color is pretty fluff and mini accurate. The Blood Angels are cherry red, whereas the Blood Ravens are crimson and the Word Bearers are kinda burgundy. The Heresy-era BA's seem to more of a pastel-y red (more like dried blood), while the Thousand Sons of that era used cherry.
I reckon all the loyalists should be darkened slightly and dirtied. Compared to other armies such as chaos or ork, the colours stand out WAY too much amongst terrain and its easy to spot them. Especially imperial fists. they're really the only yellow thing in this game shy of the rave lights everything on the buildings
The uniforms of the Imperial Guard are camouflaged in order to protect their wearers by hiding them from sight. The principle is that what the enemy cannot see he cannot kill. This is not the way of the Adeptus Astartes. A Space Marine’s armour is bright with heraldry that proclaims his devotion to his Chapter and the beloved Emperor of Mankind. Our principle is that what the enemy can see, he will soon learn to fear… - Chaplain Aston, Fire Hawks 10th Company