I've just got Ingenic cloner tool with suitable configs for M3K and M5 devices from FiiO's Tech.Support. The archive with tool is also contains original firmware parts (i.e. x-boot, recovery, xImage, system and data). The config is not such different that I suggested, but at least now I have complete and safe way to recover M3K. BTW, new OF has been released and new devices come with 1.4.5 OF onboard.
There is also the way to get log files form OF: just go to "System Settings"->"About M3", and quick press the hardware Play/Pause ⏯ button in the left side for several (13 for me) times until 'copy log done' notification appearing on the screen.
Then you'll find 'm3klog' folder in the root of the microSD card.
Here is mine just for reference