This is exactly what I did. Tried with two different images.

sudo ./flasher-3.0.amd64 -F RX-44_2008SE_1.2007.42-18_PR_COMBINED_MR0_ARM.bin -f -R
flasher v0.8.1 (Jan 5 2007)

SW version in image: RX-44_2008SE_1.2007.42-18_PR_MR0
Image 'kernel', size 1529856 bytes
Version 2.6.21.0-200743osso1
Image 'initfs', size 1945856 bytes
Version 0.95-61
Image 'rootfs', size 131334144 bytes
Version RX-34+RX-44_2008SE_1.2007.42-18_PR_MR0
Image '2nd', size 8192 bytes
Valid for RX-44: 0701, 0702, 0703, 0704
Version 1.1.6-50
Image 'xloader', size 9088 bytes
Valid for RX-44: 0701, 0702, 0703, 0704
Version 1.1.6-50
Image 'secondary', size 100352 bytes
Valid for RX-44: 0701, 0702, 0703, 0704
Version 1.1.6-50
Image '2nd', size 8192 bytes
Valid for RX-44: 0801, 0802, 0803, 0804
Version 1.1.6-50
Image 'xloader', size 9088 bytes
Valid for RX-44: 0801, 0802, 0803, 0804
Version 1.1.6-50
Image 'secondary', size 100352 bytes
Valid for RX-44: 0801, 0802, 0803, 0804
Version 1.1.6-50
Image '2nd', size 8192 bytes
Valid for RX-44: 0601, 0602
Version 1.1.6-50
Image 'xloader', size 9088 bytes
Valid for RX-44: 0601, 0602
Version 1.1.6-50
Image 'secondary', size 100352 bytes
Valid for RX-44: 0601, 0602
Version 1.1.6-50
Suitable USB device not found, waiting
USB device found found at bus 001, device address 005
Found device RX-44, hardware revision 0805
NOLO version 1.1.11
Version of 'sw-release': RX-44_2008SE_2.2007.51-3_PR_MR0
To flash the bootloader, you have to supply the X-Loader image

Note the top line:
SW version in image: RX-44_2008SE_1.2007.42-18_PR_MR0

And the second to last line:
Version of 'sw-release': RX-44_2008SE_2.2007.51-3_PR_MR0

Is there a problem here with the version number??
1.2007.42-18...
2.2007.51-3...
I don't get it?
Am I getting the right image??