Index: color-picker.js
===================================================================
--- color-picker.js	(revision 22185)
+++ color-picker.js	(working copy)
@@ -112,6 +112,14 @@
 				return this.element.iris( "option", "color" );
 
 			this.element.iris( "option", "color", newColor );
+		},
+		//$("#input").wpColorPicker('default_color') returns the current default color
+		//$("#input").wpColorPicker('default_color', newDefaultColor) to set
+		default_color: function( newDefaultColor ) {
+			if ( newDefaultColor === undef )
+				return this.options.defaultColor;
+
+			this.options.defaultColor = newDefaultColor;
 		}
 	}