Comment 1 for bug 912957

I see the green arrow icon in my Oneiric install. It sounds like you rebooted and you've verified it is whitelisted.

Navigate to /usr/share/magick-rotation and verify the MagickIcons folder is there and has the 5 icons in it. Then try double-clicking on the magick-rotation file and choose run. If the Magick systray icon shows right click on it and choose Setup. Then click on Save and then Close. See if it is still there through a reboot.