Don't worry! Both, "N/A" and "bad key" are perfectly normal.
Unlocking the bootloader means it lifts the requirement for a valid signature done with a key that has motorola's blessing. However, you can now install your own set of keys and sign your kernel yourself: you can almost act as if you were motorola and tell what is allowed to run on your phone and what's not. If the signature fits, you'll see the yellow boot warning, if there is a signature mismatch, you'll get the orange one ("cannot be trusted"). In both cases you'd see an actual ID (the one that's associated with your key) and no "N/A" or "bad key" warnings (at least if everything is properly set-up).
N/A means that you haven't supplied a kernel signature verfication key yet, bad-key means that the stored key is corrupt (or the dataspace for the key contains implausible data)...
[Disclaimer: I haven't done that myself yet and I may also be wrong here. Please correct me if I am... !]