I called Capitol BMW shop foreman today, which I should have done weeks ago. After I explained flashing brake failure light he explained that it's normal for it to flash until you drive off (which is what someone on this forum had already told me!),
Don't take this the wrong way but one thing you might also want to do is read the Rider's Manual and Maintenance Instructions booklets. If you don't have them, get them. A lot of info (like why your brake warning lights are flashing) is in the manual. It'll make you more familiar with your bike and do ya good! I still ask my fair share of dumbass questions here but you'll find that these folks are a tolerant lot.
Enjoy your ride.
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