It's a black blank screen.

FYI, on a fresh install of BuildOS and after updating I get the following errors when I open Lenny's selections:

---------------------------
BuildOS
---------------------------
Required module not in project

Module: Wireless Modem (Wmodem)
Ref: 4c804658-f322-40fd-989c-1394560913fa
---------------------------
OK
---------------------------

And then...

---------------------------
BuildOS
---------------------------
Module not found (e9a61473-7d13-4487-9cde-f487b1bd6cb0, HTC ZIP Application)
Module not found (724ad92d-adb6-4229-b4f7-89b30e7c90e2, Windows Live Mobile)
Module not found (6949fb3f-d582-4e5d-9d11-15f960afc045, Windows Live Mobile)
---------------------------
OK
---------------------------

When I open Helmi's text file I get:

---------------------------
BuildOS
---------------------------
Module not found (e9a61473-7d13-4487-9cde-f487b1bd6cb0, HTC ZIP Application)
Module not found (724ad92d-adb6-4229-b4f7-89b30e7c90e2, Windows Live Mobile)
Module not found (6949fb3f-d582-4e5d-9d11-15f960afc045, Windows Live Mobile)
---------------------------
OK
---------------------------

If I put the phone on the boot loader screen I can flash it with BuildOS and it shows the install progress on the boot loader screen. It always goes to the blank black screen after the boot splash.