Exotic forest fungus

I am not sure what this luminous specimen is, so I will have to go and look it up. Needless to say it was bedded in damp moss in mixed temperate woodland. I have no idea if it is edible so I'll stay well clear of this one.

UPDATE:
It looks like this is the yellow stagshorn fungus (Calocera viscosa). It grows on rotting wood (although this may be below the moss or leaf cover) and is waxy in texture with colours varying from white to deep orange. It is not poisonous but is not considered to be of any 'culinary value'.

This is the third in my fungal blip series. Previous fungi:
1. Stinkhorn fungus
2. Puffball