Yes, ttyAuth isn't a feature on that firmware.
But it's not needed, as the serial console is it's usual chatty self, unlike the current K51 I-series firmware where it's almost silent.
Despite the good detail in your transcript, it's still not clear to me what's causing the reboot, when the NVR has pretty well completed the bootup process.
I'm curious what this little comment means though :
UNZOK!PCK[120]
edit It seems this is just a startup comment from the bootloader.
Well I guess I'll have to send it back and try my luck there. Thanks anyway for thinking along and elaborating on these systems why not to update them. Lesson learned. Maybe this post will prevent others in making the same mistake I did.
I agree that the core functionality is leading, in this case image quality on IP camera systems. Otherwise what is the point of them anyway? Now I know and I too accept this tradeoff.
Hopefully the reseller can fix my NVR, otherwise I'll just have to buy a new one. Configure it, and leave it as it is .