FI light will come on and stay on until you turn off the ignition and reset it. Doesn't hurt anything but it is annoying on the street when you bang a gear and watch a light flash and have no clock until you top,kill the engine and restart it. The busa does this with all shifters except Motorheads' kill box. Hopefully the ECM doesnt store any trouble codes in its memory hendering any performance, But I doubt it. I have a PS3, it does the same thing, no loss of HP so far.