I'll +1 that, from a UX perspective some signal is needed to indicate that MOD is ready.
To complicate things a little, one shouldn't have to "monitor" (aka, keep looking at) the MOD in order to see when its done. What I mean is that it should be an indicator with state. Flashing the screen once when the load is complete is not a good solution, because it would require constantly looking and waiting for the flash.
Can I suggest inverting the screen? White text on black background, and when load is complete and FX rolling, revert screen to "normal" black text on white.
Just a suggestion, first thing that came to my mind -Harry