For some reason this doesn't seem to work for me.
I set (Stop RLED) then tapped off, to go back to the main camera live view.

When starting video, the red light comes on, goes off and then comes back on & stays on. I've tried various permutations of settings with no luck.

After starting recording, I can disable the RLED by tapping the RLED button, however I have to do this everytime I record which kinda defeats the auto disable option.

Any ideas why? Is there an incompatibility with PR1.2 ?

Can't we patch the kernel with a /proc/sys flag to never display the red LED! Sigh.