Reverted only yesterday by following this:
and then after hours spent due lack of responsiveness of the GUI, delays & errors (had to involve this command at some stage so you have some ideas how desperate I was):
http://community.wd.com/t5/My-Book-Live-Duo/SSH-Command-to-restart-My-Book-live-duo/td-p/479414
eventually found and followed this procedure:
http://community.wd.com/t5/WD-My-Cloud/Tutorial-SSH-Method-Downgrade-v4-firmware-to-v3/td-p/812311
which simply worked as a dream.
Device now works exactly as expected and as I remember it, throughput is there, GUI reacts immediately, no network timeouts / freezes.
Support was talking to me already, I will keep ypou posted in separate threads.