Yikes this needs to be able to be turned off and it should be off by default. Why in the world would anyone need this? The keyboard has a light to indicate this....and has for years!!!
For anyone who uses Parallels desktop, this infamous caps lock icon is a totally mess. It pops from nothing at the middle of the screen... it covers the first two or three letter of any text so you can't see them... and many other bizarre behaviors....