No, there is not. Turning it off by holding down 'play' while it's in there will revert to the battery status screen.
You don't need to worry about the screen, man. It's not like the limited-lifespan backlit LCDs, whose life was shortened by the use of a flourscent backlight. As long as the backlight in the screen is off, the display will last indefinitely (if not indefinitely, many years).