I very much remember being able to toggle this feature with old SS builds, and with Cyanogen before gingerbread. The fact that I couldn't find an option for it, and couldn't get a single answer on the Ultimate Droid forums about it is what made me decide to switch to SS 5.0 in the first place, but now, as far as I can see, the option is gone from SS as well. I looked in the ChevyNo1 tools, and nothing. So is the option somewhere else? Am I missing it? Is it really gone from gingerbread ROMs? I really need this, as I leave my phone in a dock most of the time with the screen on, and those LED indicators are a life saver when I didn't hear the phone go off.
EDIT: Of course, right after I make this thread I notice the very obvious "LED" menu. I don't know how I kept missing that. I kept looking in "display". It's really ridiculous how obvious it was.