This says that the first band will get background color #eee, the second will get #ddd, etc.
Your colors would look like:
.timeline-band-0 .timeline-ether-bg{background-color:#aa0000}
.timeline-band-1 .timeline-ether-bg{background-color:#f2b36e}
.timeline-band-2 .timeline-ether-bg{background-color:#f2b36e}
You can add these rules to your own stylesheet that is loaded after the ethers.css stylesheet, or include them in your .html file directly inside a <style> element (again, after the ethers.css file has been loaded).
--Mike