Not for the software upgrade, but I see two download indicators usually. One is the download manager, where the title, size and bar indicator shows progress of individual titles. The other is the download arrow in the status bar. When downloading, the arrow is slightly animated, with a bar going down the arrow. This last update did have graphics on both the lcd and eInk screens, which I liked. However, I went to have dinner, so I didn't watch the whole time.

Or is this something else that I'm clueless about? :-)