Been trying to dig thru old posts, my Delco service manuals and some Sams Radio manuals to find out what the story is or was. Came up with the following summary of 69 radio part numbers.
AM radio is 91APB1
AM/FM is 91BPB1 (P/N 7307321)
AM/FM Stereo is 91BFM1 (P/N 7307331)
AM/FM Yellow light is 91BFM2
Numbers decode as:
9=model year (1969)
1= GM Division, Chevrolet, 2= Pontiac
A= A-Body Chassis, B= B body Chassis
PB= Pushbutton, F= AM/FM
B= Pushbutton (FM only), M= Multiplex
last number = release number
The multiplex unit is 91FMP11
The under dash multiplex is 91BMP21 (dealer installed only)
The under dash 8 track is 91BT411
The under dash multiplexed 8 track is 91BT421
The console mounted 8 track is 91FT221
The 91BFM2 shows up in the March Sams Radio Repair manuals around March or April of 69 and it does have an external multiplex unit attached to it. The only differences I can see between the FM1 and FM2 is the transistors change to DS-74s from DS-27s,the dial lens and the stereo indicator lens part numbers change (they are the same part numbers used in Cadillac multiplex units at tis point). The part number on the lenses change and while the parts list don't identify color I'm ASSUMING the indicator lens changed from blue to yellow at this point. As a running change with no other apparent installation differences I would guess that it would be possible that a late March car could get one, while later cars could still get a 91BFM1 radio unit the original units were used up. As a low production option, I don't know if the assembly plant would have a stockpile of them, or if they were delivered to the plants in small batches over time. I can not find another radio part number for the multiplexed stereo that was specifically identified for the 69 Camaros later in production that did not have the external multiplexor. If there is a non separate multiplex unit radio used, it must carry the 1970 model year tags.