I have good news and as usual (unfortunately) bad news.
Good:
- I managed to solve the 'initial settings loop' issue!
- All previously missing config files is in the image, don't need manually copying (Camera resolutions, ril_subscription.conf, accessories.ini)
- At the initial setup the location and the date and time have correctly identified (however still cannot be changed in settings without reinstalling the timed-qt5 package)
- It includes the bluez4 instead of bluez5

Bad news:
- The torch is in the menu but stopped working
- Bluetooth still cannot be turned on
- Camera shows a static image like old an TV when there was no signal

Download link in my signature.