Visibility of label component to blink

I should mention, the reason I put into a client timer script is because I have various pulses defined, 125, 250,500,1000,2000ms
I really only use the 500ms and it was easier to calculate these via script than expression. If you don't need pulses faster than a second, you can certainly do as @bpreston says.

Fyi this is what I use: