It was pretty much spot-on with the hot pink chip; the colors are almost a perfect match. The arc yellow is a little more orange-y IRL, but it's horseshoe-close. And nope, no settings were changed; I used the "home" settings (an intermediate level of control) compared to the - going by memory here - auto (easy) and "professional" (advanced) settings, but only because that's where I landed.
Here's a photo I took of stacks of arc yellow Starbursts out in the bright sunlight, taken with a Canon Powershot S5; note that there's variance in these chips too, probably because they're from different batch runs.