When you're recording a macro, an ugly logo, which seems to be partly taken from iPhoto's, appears at the bottom on the right hand corner of the window. I replaced it with a beautiful red dot and here's the result :

Of course, it's also pulsating, like the previous one.

If you like it, here's the file that you have to put in TextMate.app/Contents/Ressources. Hit "Replace" at the message the Finder will prompt.