1. A method for reproducing a color image at a reduced resolution, comprising: providing a reduced resolution color palette comprising: a plurality of palette colors distributed in the form of a grid within a color gamut; the color gamut having a luminance axis extending from black to white, a second axis perpendicular to the luminance axis, and a third axis perpendicular to both the luminance axis and the second axis; the grid being formed by the intersections of three sets of planes; a first of the three sets being a plurality of planes each perpendicular to the luminance axis, a second of the three sets being a plurality of planes perpendicular to the second axis, a third of the three sets being a plurality of planes perpendicular to the third axis; the palette colors being located at the intersections of the three sets; assigning a color in said color palette to each pixel in the color image; and reproducing the color image in a visually perceptible form using the assigned colors of said color palette.