Do the lights on the Bullet  mean the same as in factory?  I have a red light that comes on , stays on for a while and then goes off..  

Thanks

The LED's do not necessarily mean the same as the AirOS system.

The red LED is currently configured to (when in mesh mode) illuminate when you have a mesh connection established with another router.

This can be used as a quick chdxk to know if you have a link to somewhere (though it does not tell you how good a connection you have)