The backlight is controlled by software, and the software is not yet complete. I don't think there is a way of turning it off yet, but people can always put it in there emu's etc if they want such a feature. If GPH do implement it, it'll probably run off some timer, so should be quite easy to disable.
EDIT: Hmmm, perhaps I should rephrase that... Holding down a button doesn't turn off the backlight yet, but if GPH implemented such a feature, it'll probably run off some timer that can be disabled. Apps will have full control over the backlight, as it's connected to a general purpose I/O pin.