EDIT: Sorry, forgot to add the issue on the Topic's name.
TLDR: My problem is: Stuck on "HAX INIT..." when trying to downgrade to 9.2 from 10.5
Have a o3DS 10.5.0 - 20U at hand. Used OOT to install menuhax. Tried downgrading to 9.2U using the following Updater (Latest release on that page)...