Yes, it will say "security unlocked" and show the tricolor in bootloader mode right from stock, regardless of whether it's still stock or you've unlocked it. As others have said, it will say 0.37.CMONEX when it is unlocked, otherwise it is still locked.
Sounds like you were unsuccessful in your unlocking procedure with the Hard-SPL. Make sure to reread and follow the directions here:
http://forum.ppcgeeks.com/showthread.php?t=42503
Or you can get the complete video walkthrough here:
http://forum.ppcgeeks.com/showthread.php?t=69854
If you read and follow those instructions 100%, you will be up and running in no time. I guarantee it.