Well, after some dinking around in adb I figured out how to control the led and touch button led's through /sys/class/leds/, but I don't think im any closer to figuring out how to perminantly disable the blinking.
One idea I did have was to turn the touch button led's into a notification as well. It would be really cool if you could light up different ones for different types of notifications, but it seems that they are either all on or none are...