I just bought a '95 GXE and my airbag light is also blinking on and off, but here's the deal...
The car was super cheap because the guy I bought it from (Johnny) had bought it from the first owner with a broken crankshaft. Johnny put in another engine and that's when I came along.
It's a one-owner with all stock radio, etc. Mature people who didn't butcher wiring or do any other kid stuff. So I've got to believe that:
1) There's an issue with the engine swap causing this (I haven't had time to get up in it much yet.)
2) There's an actual problem with the air bag system.
I found on another forum a post on how to turn the light off, in case it's just a passing glitch, but I've still to try that too. If it comes back on, I'll assume I've got a real problem.
I'll post here with whatever I find, if it might help you any.
TinKicker
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