Why the wrap around headboard is good for a room with little space, such as a dorm or child’s room, is because its effect does not enlarge the space the bed already occupies. The room does not appear to be crowded or stifling. The fun colors available for fabric headboards - orange, lime green, sunshine yellow, and purple just to name a few - definitely give the room a personalized and fun look. If you are seeking a more conservative, reserved look for your room; you may want to consider using a "straight headboard flush" fabric headboard. If you would like to add a bit of flair to your headboard, look into button and pleating options.
For a more relaxed atmosphere, you can find colors from whites, ivories and creams to pastel shades of green, blue and pink. Also look into choosing a fabric that matches other fabric colors in the room. As opposed to the more sedate, "sleepy" soft tones, don’t be afraid to venture onto the "dark side" and choose a darker and heavier fabric for your headboard. Darker fabrics work very well in a larger master bedroom that already is quite dramatic or romantic. Deep blues, magentas and greens can be very effective for getting this effect.