They are excellent for that yes! There are a few people making unofficial wheels too that you can find on eBay.
Here's a discussion about an outdoor called Fruit Salad Light Show that used a bunch of Optikinetics gear for shows in the 90's that might also interest you. https://ozrics.proboards.com/thread/2204/light-show
Here's a discussion about an outdoor called Fruit Salad Light Show that used a bunch of Optikinetics gear for shows in the 90's that might also interest you. https://ozrics.proboards.com/thread/2204/light-show