Super this now appears to be working as expected!
Thanks for such diligence. 
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Thanks for that update. It made a huge difference in Core Web Vitals, and everything is in the green now.
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I have also enabled this option in my settings, but I don’t see it?
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That is only good thing. If you’ll see it, it means something is starting too slowly. But you can throttle your browser if you like to see Splash in action.
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Oh, then I guess I will never see it, its running locally and I use web socket.
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The white flash is back with a vengeance on beta14
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Not seeing this:
By design we wait 2-3 seconds
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I’m seeing the white flash again as well. My current configuration is dark mode on iPhone and a dark theme on the Discourse communities I’m seeing this on.
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I can’t see it anymore here on meta, am I the only one?
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I can’t say. It depends of speed of server, connections and internet so I see it rarely anyway. The thumb of rule is seeing the spash is never a good thing and is there only for googlebot 
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Honestly, when I first saw this update a while back, I was surprised. Quite the amazing update even though I’m a year late 
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5 posts were split to a new topic: Show cached posts when loading instead of splash