After I updated, I couldn't return back to old version. The modem didn't let me downgrade.
I had a long conversation with support. They sent me some versions but none of them worked. And they still blamed my connection. After my 3rd modem (yeah, I bought and returned 2 times) 3.7 RTM 2 version worked. I'm using it since. I also struggled with automatic update setting. Right now it's disabled.
9/10 of my connection fails cause of electricity. The other one is the ISS. I even had a 70 day connection once.
I will not update my version in any case. When I'm gonna need another modem, I'll try to get ASUS again. They seemed to not care their network products back then. Maybe they fixed the issue.