The alert indicators can be good if done right (Metal Gear Solid 4) but in this case, i agree, they are terrible, they are large and in the way, and if you are used to stealth games, it would just be an annoyance and an un-needed crutch.
In Farcry 2 the whole point was to feel like you were the character, with little to no interface to get in the way, now they went the opposite direction, i REALLY hope it can be turned off in the HUD menu.
Being able to disable the HUD is one of my favorite features in Alan Wake. They need it here too. --- Arrow in the knee: http://skyrimnexus.com/imageshare/image.php?id=10753 SPACEngarde: http://skyrim.nexusmods.com/imageshare/image.php?id=41978