Motorola SB6120 Cable Modem --> Time Capsule with DHCP and NAT and Creating a main WIFI network (NAME1) + Guest Network with no password (NAME 2) --> (LAN PORT) Dumb 8 Port Netgear Gigabit switch --> (WAN PORT) Airport Extreme 1 in DHCP Internet + Bridge mode and creating a main network (NAME 1) + Guest network with no password (NAME 2)
Looks OK so far, but unless you set things up using Apple's "wizard" some features will likely not work correctly.
In other words, if you tried to set up the AirPort Extreme manually.....even though it might appear that you have the correct roaming settings....things may not work correctly.
I suspect that Apple does some goofy things with AirPort Utility.
So, all that I can do is tell you what works for me....and has worked fine since the day that Apple introduced the 7.6.3 firmware that allows the extension of the Guest Network option. That firmware is now 7.6.4 on most AirPorts and up to 7.7.2 on the new Time Capsule and new AirPort Extreme.
Assuming that you have verified that the Time Capsule is functioning correctly, here is what I would suggest:
Power off AirPort Exteme 2 for now
Hard reset AirPort Exreme 1 by holding in the reset button on the back of the device for 10 seconds. Release and allow a full minute for the AirPort Extreme to restart to a slow, blinking amber light.
Temporarily, connect a spare Ethernet cable....any length will do.....from a LAN <-> port on the Time Capsule to the WAN "O" port on AirPort Extreme 1 and power the AirPort back up.
Open Macintos HD > Applications > Utilities > AirPort Utility
Click on the Other Wi-Fi Devices button
AirPort Setup will open up automatically and take a minute to analyze the network, then suggest that AirPort Extreme 1 be configured to extend the Time Capsule network.
Enter a device name that you want to use for AirPort Extreme 1........AE1, for example and then click Next
Now notice that the message will indicate that AE1 is being configured to extend the Time Capsule network using Ethernet.
When you see the message of setup complete, click Done
If your temporarily Ethernet cable connection is long enough to allow AE1 into the next room or two, you can test AE1 for proper operation at this point.
Otherwise, move AE1 back to its normal location connected to the switch and test that way.
Test with a Mac....iOS devices are not very good about working in a roaming network. If you want to test using an iOS device, turn off the Wi-Fi on the device for a minute, then turn it back on.
You need to do this on most iOS devices when you move them around a roaming network....since iOS devices in general will not automatically switch to pick up the signal from the closest wireless access point when you move the iOS from location to location.
If things are working with AE1, then reconfigure AirPort Extreme 2 in the same way.