Crust Fungus - radulomyces confluens

I don't recall just what I bent down to look at on this log, but underneath I found something far more interesting… I wouldn't exactly call it beautiful, but definitely interesting. It's a waxy crust fungus that was growing right on the moss that was already there. I do admire the delicate pinks and blues, even if it does look a bit like barf.

The best info on this fungus didn't come from the web, but rather from "MatchMaker" a free download program for ID'ing Pacific Northwest mushrooms. LATIN NAME(S) Radulomyces confluens (Fr.: Fr.) M.P. Christ. Dansk Bot. Ark. 19: 230. 1960; == Thelephora confluens Fr.; Cerocorticium confluens (Fr.) Julich & Stalpers; Corticium confluens (Fr.) Fr.; Coniophora avellanea Burt; Corticium rubellum Burt
ENGLISH NAME(S)
NOTES features include 1) resupinate growth on hardwood, 2) fruitbody soft, watery-waxy, hygrophanous, cream to grayish ocher or grayish, often with a bluish, pinkish or violet tint, drying to whitish, grayish, or buff, surface tuberculate when wet, margin fringed when growing, 3) spores varying from elliptic to nearly round in shape, smooth, inamyloid, oily and granular, walls slightly thickened, 4) basidia often with oil droplets, 5) hyphal system monomitic, the hyphae with clamp connections, found in WA, also MB, NF, NS, NT, ON, AL, AZ, CO, DC, FL, IA, IL, LA, MA, MD, NH, NJ, NM, NY, OH, PA, VT, WI, (Ginns), Switzerland (Breitenbach), France, Germany, Sweden, (Julich), common species in Scandinavia (Eriksson)

There's more information that can be provided - microscopic details, habitat etc.