While coasting in neutral, I've seen the small indicated regen condition many times over the 3.5 years I've had a 5 speed. The conditions that lead to this may be predictable, but the pattern has never been clear to me.
I'd agree that there are a few cases where coasting downhill in neutral is more economical than driving "in gear", despite the fuel cut condition.
The regen indicator isn't necessarily proportional to the actual recharge current. In fact, it can be quite misleading at times.
Now having the ability to monitor the system current somewhat precicely with a DVM, I continue to believe that hidden/background regen is based on some "intelligent" algorithm that probably considers trend as well as actual SoC, such as the rate of discharge. The hidden/background regen (at relatively low current) can sometimes continue to a nearly "full" indicated SoC, even without the headlights on, and with no indication on the regen bar graph.
Because in most downhill conditions I'm now usually in the MIMA mode, I haven't been able to observe the actual current associated with the regen-while-coasting-in-neutral phenomenon. If I do, however, it will be posted on this thread.