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I'm that reddit user who got the device early.
The boot loop was caused by own doing (I probably .tgz-ed the wrong folder or files), but I can confirm that neither nickelclock nor nickelmenu work at the moment.
They don't cause boot loops, as long as you're not a buffoon like I was, but they don't do anything other than push the device to update/restart back to the same status as before. They're not creating a .adds folder on new Kobos, unfortunately.
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