I went into the Airport Utility and told the AEx not to get the time from the internet (why does an AEx need the time anyway?) and ever since then there has been not one single dropout."
Although I am using my 3 Airport Express N's with analog outputs for now, I was having a rather long connection time when rebooting or powering them up. The status LED would be on solid amber during the bootup procedure for ~ a minute (normal), then would flash amber for as much as 5 to 10 minutes before connecting and the staus LED turning green.
Now, after disabling the automatic time set, a half dozen amber flashes and I'm connected. Thanks!
The only reason I can see to have the time set correctly in an AE, would be if you are using it as your primary router connection to the Internet, and would want to see a time stamp on the connection log (and for hacking attempts). But I assume most of us are using it to extend an existing wireless network.
Steve