I use skip forward/back EXTENSIVELY while watching (American) Football and the timeline really gets in the way of the action as well as the scoreboard / down indicator. I would like to at least shorten the amount of time it stays visible, or disable it completely when using the skip forward/back (30/7 sec) while watching sports.
TiVo had the option to make it faster to disappear (< 1 sec?) and Plex doesn't show a timeline at all, just a very quick black circle with 30 and an arrow forward or 10 and an arrow backwards in the middle bottom portion of the screen. Personally I prefer Plex's method, since both Plex and Channels react so quickly to the skip forward/back buttons.