Covering them with electrical tape works great and won't affect the sound. I love these cables and have had the same issue. The tape works great.
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be careful about that electrical tape. After awhile, a sticky black residue will be permanently glued to the cable (when tape is removed) which doesn't help on resale value. Try wrapping some dark colored paper etc, around the cable to cover the LED & fasten it with conventional Scotch tape.
It's preferrable to leave the bias energized full time.
Has anyone have heat issues on the SR cable near the LED with the MPC plug in?? My Precision Reference interconnect is heating up bad. I have measure at the MPC out-put, its actually have 34.4v, is this normal anyone?? But have no problem with my older designer reference at all...any help would be great..