I have a 505 with a similar problem (thread on this forum). Although mine acted up for a while before totally crashing.
With Igor's help I managed to start a terminal session with the unit and it appears to have some sort of virtual drive problem as it tries to unmout a drive which is unavailable or busy, the reboots. If you are good at linux you can see the capture file on the thread I started.
I am currently waiting on Firmware......
Scott
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