ACM is correct. The kit (71470835) requires EIP software version 3.7 in order to work correctly. This software version was not the one in use when the kit was first released. (Not to contradict Mr. Ryan, but the bulletin calling for the 3.7 software was released after Mr. Ryan retired.)
Without have the current software to test, I'm going to stick my neck out a bit.
The new software was suppose to resolve the rotor light from coming on orange without an actual alarm. The alarm system for the oil level did work correctly with the exception of the rotor turning on at the wrong time.
On my S77, the rotor light was on orange most of the time. To verify it was working correctly, we removed the sensor from the gear box and the alarm would sound. On three occasions last fall, I did have the alarm sound in the field, but it was because I had caused the oil to slosh forward enough to set if off. So my system was sensing all the time, not just at startup.
If the new software has changed that, it would sure save having to restart in the middle of the field because I sloshed the oil away from the sensor.