Not that I've been able to find.
If you set the Snap to "Dotted Quarter" and set the Show Grid to "Follow snap settings" you'll get a single line dividing the measure in the right spot (on beat 4) but then of course any notes you enter snap to the lines on beat 1 or 4.
So far the best compromise I can find is to set the Show Grid to eighths and then you see six lines per measure instead of just 3 although the red lines will still be at beats 3 and 5. I generally set my cursor at the beginning of the measure I'm working on as a visual reference.
It's unfortunate the Show Grid settings aren't nearly as varied as the Snap To Grid settings. Considering how common x/8 music is you should be able to set the "accent" line somewhere besides every second eighth note. As you say, minor issue, but it would be nice.
Hopefully someone will chime in with something I've missed.