Tried this on firefox, works http://jsfiddle.net/Tm26Q/1/
$(function(){
/** Just to mimic a blinking box on the page**/
setInterval(function(){$("div#box").hide();},2001);
setInterval(function(){$("div#box").show();},1000);
/**/
});
$("div#box").on("DOMAttrModified",
function(){if($(this).is(":visible"))console.log("visible");});
UPDATE
Currently the Mutation Events (like
DOMAttrModified
used in the solution) are replaced by MutationObserver, You can use that to detect DOM node changes like in the above case.