With the latest firmware update (released Aug 2015), this is precisely how the LED's on the Base should illuminate!
To change the LED settings...
- press the power button until the appropriate LED is flashing
- then press the M (mode) button until it flashes the color/setting you want
- tap the power button until none of the LED's are flashing
- LED3 will turn on when the Camera Controller is attached
- LED 4-6 will illuminate when multiple Tags are paired to the Base.