No go..you can let it sit for an hour and it still says "discovering device please wait"
If the following from the user manual doesn't help, then please contact via email to arrange return of the device. I will take care of it, except for shipping costs.
4.3 Recover From Failed Firmware Update
Something went wrong during a firmware update. Maybe power was lost? Now
the P25RX SIG and TG leds are flashing rapidly at a constant rate. Don’t worry,
the leds indicate that the device is in bootloader mode. Solution: Re-start the
BTConfig software. The firmware will be automatically updated. Once the
BTConfig software verifies that the firmware was successfully installed, it will
return the device to the normal application operating mode. In the very unlikely
event that something more catastrophic went wrong, you can initiate the
bootloader mode by holding down the TG button during power-up and wait for
approximately 10 seconds until the leds light up. Release the TG button and wait
for a couple of seconds. The SIG and TG leds should start flashing rapidly at a
constant rate. After this, follow the above solution to finish installing the firmware
update. If the device is in bootloader mode when the BTConfig software is
started, you may see an option to erase the talk group and roaming flash areas.
You can bypass the erase option. If you continue to have issues, you should try
responding with <yes> to the erase option in order to resolve potential issues
with corrupted flash areas. You can use your backup files to restore the talk
group and roaming flash areas after the erase.