Hi Rick,
I bought my M7 two months ago. Checked what you described and my M7 did the same. One thing that I noticed which you didn't mention. From 2" and lower onwards only the right red triangle blinks. But when 32" is displayed, both the triangle and the shutter speed LEDs blink. Perhaps the warnings are meant to be different! I reckon the first one is a warning to user that the exposure is close to the end of the manual setting range whereas the 32" one is to warn us that it is even beyond the AUTO range.
On a different note. Nearly two months on with over 10 rolls of 36 films taken with my M7 it is still running on the original factory supplied batteries. Perhaps the reason for this is that my M7 has a serial no. of 2888xxx which does not suffer that much from the battery drain problem as earlier batches do.
Lawrence
I bought my M7 two months ago. Checked what you described and my M7 did the same. One thing that I noticed which you didn't mention. From 2" and lower onwards only the right red triangle blinks. But when 32" is displayed, both the triangle and the shutter speed LEDs blink. Perhaps the warnings are meant to be different! I reckon the first one is a warning to user that the exposure is close to the end of the manual setting range whereas the 32" one is to warn us that it is even beyond the AUTO range.
On a different note. Nearly two months on with over 10 rolls of 36 films taken with my M7 it is still running on the original factory supplied batteries. Perhaps the reason for this is that my M7 has a serial no. of 2888xxx which does not suffer that much from the battery drain problem as earlier batches do.
Lawrence