This was made in Adobe Photoshop CS 8.0. and uses selective coloring and channel mixer.

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1. Lighten your base. I duplicated the base and set one to SCREEN 100% and the other to SCREEN 81%. To sharpen I usually go all the way to the bottom of my layer palette, duplicate my base, go to Filter >> Sharpen >> Sharpen, and set that to around 50%, or whatever looks sharp enough.

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2. Go to Layer >> New Adjustment Layer >> Selective Color. Input these settings at 100%.

REDS
Cyan: -19
Yellow: +65
Black: +65

YELLOWS
Yellow: -72

CYANS
Cyan: +100

WHITES
Yellow: -33

NEUTRALS
Magenta: -27
Yellow: -33
Black: +3

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3. Go to Layer >> New Adjustment Layer >> Selective Color. Input these settings at 54%.

REDS
Cyan: -65

YELLOWS:
Cyan: -20
Yellow: +20

GREENS
Cyan: +24

MAGENTAS
Magenta: +12

NEUTRALS
Yellow: +30

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4. Go to Layer >> New Adjustment Layer >> Selective Color. Input these settings at 84%.

REDS
Cyan: -100
Yellow: +45

YELLOWS
Cyan: -60
Yellow: -100

NEUTRALS
Magenta: -10
Yellow: -15

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5. Go to Layer >> New Adjustment Layer >> Channel Mixer. Input these settings at 100%.

RED
Red: +100
Green: -8
Blue: -14

GREEN
Green: +86

BLUE
Green: -12
Blue: +112

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6. Go to Layer >> New Adjustment Layer >> Selective Color. Input these settings at 100%.

REDS
Cyan: +7

YELLOWS:
Magenta: +2
Yellow: +76

GREENS
Cyan: -6

CYANS
Cyan: +100

BLUES
Cyan: +49

WHITES
Cyan: +1
Yellow: +50

NEUTRALS
Cyan: +2
Yellow: +17

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7. Go to Layer >> New Adjustment Layer >> Selective Color. Input these settings at 28%.

REDS
Cyan: +97
Yellow: +1

YELLOWS
Cyan: +15
Yellow: -52

MAGENTAS
Magenta: +28

WHITES
Cyan: -17
Yellow: +68

NEUTRALS
Cyan: +35
Magenta: -6
Yellow: -10
Black: -3

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8. Fill a new layer with #ACACAC and set it at COLOR BURN 100%. And here's the final product!

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Obviously, the settings won't work for everything. The best way to learn is to simply fool around with the settings, add or subtract things, and see what each layer does. I will not give out a .psd since I've given you the exact settings I've used. Enjoy!

icons made with similar settings:
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+ I would love it if you posted any questions here!

+ Feel free to watch misty_creates. :D