Replacing the drive is relatively easy, however, you must be careful when replacing the top of the keyboard and make sure the flat, ribbon cable that goes to the drive is positioned exactly where it was orriginally. It has a crazy fold in the cable so it can make the right-angle turn to the back of the disk drive.
The drive itself is a standard, high-density floppy drive that can be purchased in any computer store for about $15 to $20. It's held in place with four screws, using the same type of mounting bracket that's used in a computer. You will have to remove the small cover from the front of the drive, which is held in place with two, self-taping screws from the outside. This gives you access to the two front screws that anchor the drive. The two back screws can only be accessed by removing the top of the keyboard. This means you'll have to remove about 20 screws from the base of the keyboard, then carefully lift it open from the front.
As for the keyboard's light, it should remain on at all times when the keyboard is turned on. The only time the light flickers is when a file is being loaded.
Hope this is of some help,
Gary
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PSR-S950, TC Helicon Harmony-M, Digitech VR, Samson Q7, Sennheiser E855, Custom Console, and lots of other silly stuff!
K+E=W (Knowledge Plus Experience = Wisdom.)