The problem with indicator lights is, that they're useless, until you actually need that info. If i turn my head just a bit, i can see a 48 port ethernet switch with 50+ blinking lights here in the office, and 99.9% of the time, they're all useless. But, if something doesn't work, one quick glance, can tell me if the switch is on (lights), if the data is sent through (random blinking), if the ethernet connection to my pc is up (one specific light), is it waiting for spanning tree to set up (light color), is there a loop (all lights on, or blinking synchronously), and also if the connection is slow during a calm time, I can see who's sending most traffic (frequency of blinking).
I literally never look at them when all is ok, but when it's not, i get the status info in literally a second.
Same with my home router with 8leds (especially the "internet" one), same with my PCs (on/off, hdd activity) etc.
My prefered solution would be just to keep those things away from the bedroom. Currently, in my bedroom, there is only one visible led (TV), and even that one is very very dim red.