This would save much needed time, plus provide accurate "hit" information to sellers. If I see a "Y", and it's just Low Tire warning, I'm still interested. If it's a check engine light, I may or may not be interested, depending on warranty remaining. If frame damage, not interested. I know others will be, but that's just not our type of inventory. But this would save me/us quite a bit of time when searching for vehicles to add to the bid list.
I see several feedback comments related to how Yellow and Red light announcements appear in the new site. The common thread is that it needs to stand out more and state the reason for the announcement up front. Currently it's just a tiny "y". Important announcements should be treated as such.