SRS light indicator always ON (Red light), what needs to be done?

Hi to all,

My car is Honda Civic VTI-S/2003 model/Manual/Gas. The SRS light indicator is always ON (Red light). Normally, after engine start it automatically turns off after a few seconds. Here are my questions:

1. Does this mean that the whole Airbag (SRS) system won't work anymore?
2. Or do I just need to reset the SRS light? (Saw this video link on Youtube, simple procedure to reset the light)

Youtube link: How to reset SRS Airbag light 2000 01 02 03 04 05 honda civic - YouTube

Anyone who can share experience?

Thanks!