The only thing i wanted to say, even if it doesn't worth to because it's going to work, is that the current will be splitted between a led AND a resisotr both in 'parrallel'. This just reduce the 'usual' led Brightness produced by a single resistor and LED in serie. Well, it's working, no complaint about that. I already used that method too in one of my project in the past. Using a better efficiency LED, as previously mentionned will solve it if you really need it BRIGHT without stressing too much the PIC i/o.

Everything is fine to me and of course to our friend who asked a simple solution. You can Set one or the other LED, and have the possibility to set both too. Hey what do you want more with a 4 components solution and only 1 PIC I/O?