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I think the best way to describe alpine versus millenium silver is that alpine is more of an icy silver with a hint of blue and millenium silver is more subdued with a hint of smoke or beige. Here's a picture I took a while back at a Lexus dealership. The difference is very clear in this picture:
I always thought the millenium silver had a tiny bit of green in it.
I would agree. People have different taste. While some prefer the alpine, I actually went out of my way to avoid it, and get the millennium. Blends well with the new green tinted headlight housings.