It pretty simple,,

The Binding and or Re-Binding sets the failsafe parameters on JRs,,

The Failsafes can be set and changed at any time via the TX on Futaba and aparently Air.,, it has nothing to do with the binding process.


p.s.
people keep using the term "loss of signal",, the only time the optikill looses signal while in a RX with failsafe function activated is if it "looses power",, when it looses power Yes it looses signal
I think we're arguing semantics a little bit.