0.2b Downgrading to 9.2.0
0.2b.0 I do NOT guarantee that this works. Continue at your own risk. Follow these steps very precisely and focused. Most important: Stay calm. Almost 100% of all downgrade bricks are made by stupid mistakes. If you just follow these steps exactly, you will most likely (according to reports) not run into any serious issue; I cannot guarantee anything though.

0.2b.1 Update your system to 10.3.0 using the system settings.
0.2b.2 Format your system using the system settings. (You will lose apps, DLCs, games and everything, but according to all reports, you will be able to regain them after the download process by relinking your NNID afterwards.)
0.2b.3 Turn off your 3DS and remove the (micro)SD card.
0.2b.4 Get the 3DS CFW Kit,
MiniTool Partition Wizard ,
TeraCopy , as well as
several files you will get from the "Downgrade Files" link at the usual place, then check the MD5 hash of the 9.2.0-20X(Full) ZIP file via
this site.
0.2b.5 Put your (micro)SD card into your computer and make a backup of its content.
0.2b.6 Delete everything on your (micro)SD card, then install and launch Minitool Partition Wizard.
0.2b.7 Right-click on your (micro)SD and select "Wipe" to delete the partition(s) on your (micro)SD.
0.2b.8 Right-click on "Unallocated" in your (micro)SD card and select "Create" to create a new partition.
0.2b.9 Select "Primary" where you see "Logical", and then set "Format" to "FAT32".
0.2b.10 In the top-left, click on "Apply" to finish.
0.2b.11 Close the Partition Wizard, then install and launch TeraCopy.
02b.12 Use TeraCopy to copy the updates folder you have extracted from the 9.2.0-20X(Full) ZIP file onto your (micro)SD, as well as the boot.3dsx from the 3DS CFW Kit (which is the same as the one you can find in smealum's starter kit) and the 3ds folder you have made according to the instructions on the place where you got all the files. (I think you just need to copy the files normally and TeraCopy will automatically become active.)
0.2b.13 Put your (micro)SD card back into your 3DS, follow the instructions on screen, then change the theme, then change it back to default.
0.2b.14 Launch browserhax (See the instructions around the QR code below).
0.2b.15 Once in the Homebrew Launcher, select menuhax_manager, then choose "Install".
0.2b.16 Exit the menuhax_manager, then turn off your system without exiting the HBL, then turn it back on and delete the internet connection settings. Go back to the home menu and turn off your system.
0.2b.17 So far so good! You will need to repeat this process until sysUpdater loads correctly. Turn on your 3DS and hold [L] to get into the Homebrew Launcher, then select Downgrade by pressing (Y) ONCE, and after you did that, DO NOTHING ANYMORE. If it succeeds, congratulations, you are on 9.2.0 now!

Thx to
@Dribblejam and
@shadowofdarkness