Observe any other edit control in existence. When you hold the arrow key down to move the caret through text, it stays visible and does not blink until a brief pause after you take your finger off. Unfortunately in RadRichTextBox it keeps blinking so you lose track of where it is. This is very frustrating when you are navigating long documents because it can even prevent you from seeing the caret moving to a different line. Or hold down any character key and the caret disappears completely, giving you one less cue that something is haywire if your arm is leaning on the keyboard.
This isn't a bug per se but it isn't a minor usability issue either. What has to happen is an idle timer begins *immediately after* a key down, during which no blinking can begin. If a key down happens again, the timer resets. If the timer expires, then that starts the caret show timer.