Reckon it's more likely to be the rotary coupler behind the steering wheel.
Mine has done this. Took it to a local LR dealer and they put the Testbook on it and told me there was an open circuit in the drivers airbag wiring system. Replaced the rotary coupler but am waiting to get a chance to get back and get the warning light reset.
Mine was doing the same as yours. Pulsating on power up but after about 3-4 minutes it would go solid (not flashing) until ignition turned off.
Mine is a 96 TDI dual airbags.
Warren
Currently Landroverless - Still interested
Formerly: 2003 D2a Update TD5 Auto. Platinum edition. ARB Bar, 36" LED light bar, cargo barrier, dual batteries.
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