I have heard someone requiring HSY' color picker, I don't know HSY', but it seems wrong at some color region at my first glance.
to my knowledge, I know HCL is the best. it has appeared on gimp a past year. but it is derived from CIE full gamut, so I don't how they translate to fit sRGB color space ICC profile which has been adopted by common monitors nowadays.
Here is the more detailed article describing why we use should HCL:
http://www.hclwizard.org/why-hcl/