The boot process always, and I mean always, ends with 'Bad Magic Number'. I have downloaded all three of the available imager .zip files from the deepwater.lenovo.com "deep wiki" site and created the USB boot device for each one. (used different USB keys as well.) However, the systems never seems to recognize that the usb stick is plugged in.
It can't. The 'USB recovery' is performed by the kernel and initramfs which are loaded from harddisk. So if the system fails in loading the kernel (which is ultimately your problem) it cannot use an imager stick.
I have taken one of the two RAID-1 drives out of my ix2-dl and inserted it in to slot-1 on the ix2-ng, same error.
That is bad. I *think* the box should be able to boot from it, but I hope I'm mistaken.
I have done the trick with using a 'dd' command to put the initrd and zImage files on to a clean hard disk.
Did you follow this directions