Did you manage to get your iLiad up and running again?
I had a similar problem after hard-resetting the device. In my case booting without the CF card inserted helped to recover my device.
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Originally Posted by thetechnobear
oh yes, as i mentioned, i also had various failsafes in place, like network access setup to quote with such situations - but all seemed to have failed.
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The firmware update removes all custom startup scripts, so e.g. the Unbrickable script has to be reinstalled again.
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btw, what does the progress bar actually represent at the bottom?
is it just automatically increasing or is it really tracking the progess of the boot sequence.
.. i suspect, it doesnt really represent anything 
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You're right, it doesn't correctly represent the boot-up status. I used to have a custom script loaded during boot-up which added about 5 seconds to the bootup time. The progress bar simply stayed at 100% for exactly that 5 extra seconds.