When you turn the CA50 off you do hear a brief moment of the program material just before final shutdown. It's almost as if the muting circuit powers down slightly before the amp. As to all the input the lights flashing I believe that they do. I know some of the LED's flash but I cannot remember if all do (I am actually on vacation at the moment and cannot check to be sure). I will confirm this when I get back home in about 10 days.
Regards, Jerry
Regards, Jerry