from page 15 of the leaked manual -
Notification LED
This LED shows a:
Solid green light when the phone is connected to the power adapter or a computer and the battery is fully charged.
Flashing green light when you have a pending notification.
Solid red light when the battery is being charged.
Flashing red light when the battery level reaches very low.
from page 19 of the leaked manual -
As the battery is being charged, the notification LED shows a solid red light when the battery is being charged. The light turns to solid green when the phone is fully charged.
those are the only two mentions about the LED....take it for what it's worth, but it looks to me like the only notification is really green...