Hi Joker,
Well I tell you my experience with GV-N470SO-13I.
You have to download the latest OC GURU from whatever you find it (I recommend you .tw site (ASIAN), first of all to get the latest updates).
Since the 1.13 version (now at 1.14) LED phases works fine with the latest NVIDIA drivers (260.99). I am, also, on Win7 64Bits. So I can tell you the latest OCGURU version works (also 1.13).
The only issue with OC GURU is that does not support multiple graphics cards. Also OC GURU have issues with mirroring graphics drivers (like logmein.com).
Resuming, update your OC GURU to activate/deactivate phase LEDs on the VGA (Looks like a LEDS are software implemented, non on the firmware)
Regards,
Eng. Jose Gausachs M.Sc.