I don't know if anyone else does a warning light, but I wouldn't know. It's designed to be fed by an Igor Burger timer which it hijacks at certain points in the pattern, but it's also designed to run like a Hubin if there's no Igor timer talking to it.
My timer does not have LED, but I know there are several European which does. Probably not known in USA. Usually those used on indoors, because indoor fall like a stone when motor stops.
I did not make LEDs because of 3 reasons -
1/ there is 0 Bytes free in my PIC chip (that is why it is nr. 1)
2/ I tried to minimize harware - the first version was sigle chip connected to standard sensor, so no place for power LED
3/ we have stop watches, so I can manage landing to any place in circle relative to the judges and wind, because I know immediatelly after 4 leaf where is motor going to stop, so I can fly higher or lower to make landing point where I want :- ))
But I know there are many people wanting leds, so I have separate timer with open colector transistow which can be synchronized with main timer (like your TUT, but paralell, not in serie), so LED can be inslalled like lego stone