I LOVE TECHNOLOGY in Student Ministry! The lights, sound and setting can really help students focus on the message many of you are about to present (it's Wednesday Night in Student Ministry Land--Sacred!) The more the merrier when it comes to technology!
Warning, I am about to sound old--let's use the word "seasoned!" However, Let's not forget that all the technological bells and whistles can not replace adult/student interaction. So, shoot for excellence, but don't spend all your time prepping the "program" (FACT--they don't remember too many of these anyway--I know, it hurts). You are a "student" minister. Spend time with your students and the adults who interact with the students. It really is about People over Programs.