So, I re-flashed just the 'android ' bootloader from my kindle oasis, from when it was shipped. This is letting me do the downgrade with the 'reboot without unplugging' method.
Code:
$ file mmcblk2p1.img
mmcblk2p1.img: Android bootimg, kernel, ramdisk, second stage, page size: 2048
Again, this only works if you have already made this image of your device. I have no idea what is in this partition - in terms of hardware specific date - but this is the partition that has the actual installers in it that installs when you reboot.
In the 5.9.2 package, there is a boot.img that has the same file type listed, I would suppose that is the one that replaces it.
It did the progress bar, showing it installing. but then on the tree screen, it showed the bridge code running, which I don't remember from previos goes of downgrading my PW3.
It also installed a lot faster than I remember the factory image installing.
the Version # does show this factory version number
for paperwhite 3 and earlier, there have been similar instrucations, though I cannot find them.
I know there is a specific partition that has the kernel image in it, and I believe that kerenl has the update-installer in it, so you have to have backed that up properly, and re-flash it.