Striking progress in the development of II-VI semiconductor heterostructures, coupled with seminal advances in doping, has very recently led to the first demonstration of blue and blue/green diode lasers operating from cryogenic to room temperature. The active region in these devices was based on the (Zn, Cd)Se/ZnSe multiple quantum wells (MQW) which had earlier been actively studied as a candidate for laser medium by optical pumping techniques. We report on the performance of such MQW diode lasers with emphasis on structural versatility in terms of preparation on both p-type and n-type GaAs substrates, and where sulfur is or is not incorporated for blue/green color lasing. In this work we have obtained pulsed, high power, high quantum efficiency laser emission up to near room temperature conditions. Efficient LED devices are described which operate in the blue (494nm) at room temperature.