On my car the warning is on the instrument cluster above the steering wheel, and you cannot monitor MPG, Distance to empty, etc when the TPMS warning is on (to the best of my recollection). That is what I meant when I said you cannot use the other instrument cluster functions when the TPMS warning is on. But not sure about Tech Package.
You're memory is pretty much correct. You can still "glance" at the MPG, distance to empty, options by pressing the button, but in just a few seconds, it will go right back to the TPMS warning display.