I've been having the same problem and glad to come across this thread.
Test Systems
Time Capsule - 7.4.2
MBP 2.8 Latest 2009 Model - 10.57
Reset TC to Defaults - Configured for Bridge Mode, 802.11n Only (5GHz), WPA2 Personal
Sitting the computer right next to the TC, AirRadar reports a max of ~75% Signal Strength
Move ~30 Feet Away (Indoors - No Walls) - Drops to less than ~40% but still works
Move ~50 Feet Away (Indoors - No Walls) - Connection Timeout, 0% Signal, etc.
If I change to 802.11n (B/G Compatible) - 50 Feet away reports 40% signal strength and no connection problems. Sitting right next to TC reports +95%. In this mode, I can connect to the network from anywhere in the house.
If I go back to N-Only and Change the Channels (Holding Down Option Key), selecting different channels does not make any difference.
In my environment, Air Radar always reports 7.8% - 8.2% noise no matter how far away I go (until I lose singal) and only up to 75% - 78% signal sitting next to the TC.
To me is sounds like when setting the TC to N Only, it is dropping the output signal.
I also called AppleCare and they said take the unit in for testing. After finding this, I'm not sure mine has a problem as it looks to be more widespread.
BR,
-chris
Message was edited by: Chris Cantrell