I actually went ahead and did just that after posting the message, that is:
I poked inside the mod and found 3 sets of icons: the current ones, the unused shaded versions present in the "full" version of the mod (why did you even keep them in if they can't be used?), and a "stoplights.png" canvas of colored lamps which is what i presume to be the old icons.
While half the resolution of the ones used currently, i upscaled and made a few adjustments to the outline and gradient, including a proper "glow" bloom around them to make it not look as flat.
I still have a few things i want to try in regards to the size and positioning of the lights, but if i'm satisfied with how they end up looking i think ill go ahead and publish it as a standalone mod/texture replacer.