Hi Joe Margardino,
I am having the same crash-looping problem following application of the most recent firmware. I tried the steps above.
When the device boots into offline mode it works as expected.
When I put it back into normal mode it starts crash-looping again. It crashes seconds after startup, too fast for me to update the firmware.
I tried to update my touch and it goes into a continuous loop....New firmware...Start...Updating...then it restarts on its own...New firmware....start...updating....then restarts...on and on.