Blinking power light on the router is a sign of something wrong with it and it can be a software or a hardware issue already and the first thing to do here to correct the problem is to do a reset on your router , to do that follow these procedure and see if that corrects the problem.
a.Press and hold the reset button for 30 sec., after that
b.Unplug the power keep holding down the reset button for another 30 sec.
c.Then, plug back the power keep holding down the reset button for 30sec., after that
d. Release the reset button.
You can also see a step by step procedure from my TIP on how to fix this blinking power on the router, just click HERE.
Try out Cisco's solution for this:
http://www6.nohold.net/Cisco2/ukp.aspx?pid=80&login=1&app=search&vw=1&articleid=4982
good luck
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