Guardian Bob,For now it is just a test, the pro version (whenever I write it) will use individual light control.
Task: Kill blinky (14)
A1: CPU [ CPU:0 Governor:smartassV2 Min. Frequency:100000 Max. Frequency:400000 ]
A2: Secure Settings [ Configuration:Blinky Disabled ]
Task: Blinky lives! (15)
A1: CPU [ CPU:0 Governor:smartassV2 Min. Frequency:100000 Max. Frequency:800000 ]
A2: Secure Settings [ Configuration:Blinky Enabled ]
A3: Wait [ MS:0 Seconds:5 Minutes:0 Hours:0 Days:0 ]
A4: Kill App [ App:Secure Settings Use Root:On ]
A5: Load App [ App:Blinky Data: Exclude From Recent Apps:Off ]
A6: Wait [ MS:0 Seconds:10 Minutes:0 Hours:0 Days:0 ]
A7: Go Home [ Page:0 ]
A8: Wait [ MS:0 Seconds:2 Minutes:0 Hours:0 Days:0 ]
A9: System Lock
Short answer, maybe. It depends a lot on the system the phone is using, and since I don't have a Nexus S, I can't really test with it.
I'm running version 1.2 and last night my battery was at 100% before I unplugged it at 1:30 am when I went to sleep. at 7 am I received a message, I woke up and noticed and acknowledged it at 7:30 am and my battery level was at 72%. the system monitor app under history and top apps in an 8 hour period showed blinky at greater than 5% which is the largest value I've ever seen for anything. system processes held the previous record at 3.2%. my normal battery drain over night is around 5% and last night I lost 28%.