I am back with a update, now on firmware v3.04 and it has been running great compared to before the firmware update. There are no changes to the "logs" I have reported before.
And it seems as the "logs" reset or "start over" when there is no empty space left, and I have found no strange reports in the logs, there are a few things that could be cleaned up as some thing reported in the "logs" are not in use. But as it has no impact on the operation of the unit(s) it does not need to be fixed. So I have been running one unit as a standard "Access Point" and connected to that with another unit (same make / model / firmware) as a "wireless client". I have been running the setup for about six weeks. Permanently connected (just like using a LAN) cable and going about my business as usual. So far so good, until today.
First of all, I have made no changes to the unit(s) as the configuration is the same as when I started testing the system. For some reason the "wireless client" lost the connection to the "access point" and I did have the option to check the "logs" on both units, as I have multiple computers, cables and so on. At first I thought the "access point" had crashed, but I cleared the logs and it showed that the "wireless client" unit was trying to get "authenticated" or "re-authenticate" because the connection was lost . But the "AP" keeps rejecting the unit, over and over again, like it was stuck in a loop.
So I saved some data from the logs and though, ah, ok, I will reboot the units and see if that fixes the problems. To my big surprise the problem is still there and I will post some information here what is going on. The funny thing is that by using a laptop I could connect to the "AP" before AND after I rebooted it, so it is working just fine. But somehow it is now rejecting my "wireless client" unit to connect, even though both units have been rebooted.
It is strange because I have made no changes to the units, what so ever. You would expect after rebooting the two units that they would start working just fine again, somehow the AP is now blocking my "wireless client". Feels like this is a bug as I noticed before that it does take several "authentication" attempts to connect to the access point, regardless of what device you are using to access the WLAN.
Worst case scenario, you need to do a H/W reset of the units, that would fix the issue, but is kind of extreme, a power cycle of the units should be enough.