No idea if it is standard but the red light seems like a nice feature.
I popped into the Carnaby Street shop earlier hoping for a nice chat about G Shocks and a look at the full metal models. Outside is plastered in huge pictures of the gold model and one of the staff has the cabinet open with the three models and was polishing them, so an ideal opportunity I thought. He wouldn't even let me try them on and was just irritated I was asking about them, saying nowhere in the world has any left. Charming.