Hands-On with the Samsung Galaxy S III

I could be absolutely wrong here, but I'm pretty sure the S3 does have a notification LED. But that will only tell you that you missed.....something. I think what Samsung was referring to was essentially a new notification page that would show you a summary of all the calls/texts/whatever that you missed. I assume that means something more detailed than 'You have 5 missed calls' and an icon for an unspecified number of messages.