[ModelEditor] Light flicker not behaving as expected

[Bucic]

Even though I chose both of my light colors (on and off colors) to be almost identical I still get the in-game light blinking virtually ON/OFF instead of between the two light colors. This makes it almost impossible to achieve a candle or lantern light that looks even remotely realistic.

Can something be done about this or is it a known limitation. Looking at the flickering parameters of the original lantern omni light - the latter, but I'd like to make sure.