HI, I have the same issue, had the unit for nearly a year, right hand HDD light flashing constantly.
I have recently replaced both the HDD for new as I thought this may have been the problem as the light sometimes turns pink/red showing a drive failure.
the old drives I have put into my PC in a raid configuration and have not had any issues with them
A reboot of the unit sorts the issue out for a random period of time, 15 days was the last time it was rebooted this time it has started flashing after just 2 days.
Also the unit tries to sleep but the light continues to flash, then it come out of sleep mode.
Using firmware 1.08 b8
No info on the status page.