not to sound condescending toward flopps or anything however,
"check PSU....."
Reason I say is fluctuating LEDS usually indicates a problems with smoothing capacitors, sort of dampening any noise being emitted from the PSU before it gets to the laptop
One way of finding out for sure is see if you can find a multi voltage PSU with minimum amps of that of the one that runs laptop
summat like
http://www.maplin.co.uk/module.aspx?moduleno=43515
they are more common than you may think. ask around. i alone have 3 here i think used for various things
Please note the output though and also the polarity before you turn it on

and of course it may depend on original psu aswell. some plugs at the end have a feedback pin as well which means 3 connections in total (outer, inner, center)
i recently had to change all caps in the PSU for my lcd screen which wouldnt power when connected. as soon as it was all LEDS flickered. the caps had all leaked within the casing. monitor is 4 years old now and PSU left plugged in naughty i know
similar problems happen to mother boards when caps around a CPU start to buckle and leak too