Yes, the blinking occurs with both spinners. I have not noticed any differences in the problem between the two. The display will sometimes normalize if the track is changed with a command from the remote, and sometimes it doesn't. It can occur midway through the tracks on a CD, and from the first track on a couple of others. On CDs that produce blinking from the get go, the problem never responds to a track change or spontaneously resolves. I have not noticed any predictable location points for intermittent blinking.
I need to emphasize that the problem does not occur with the great majority of CDs that I have played.