The issues reported are quite specific to your hardware and since we don’t have the same hardware here to perform tests it’s a bit delicate to make modifications without being able to test.
We continue improving the way decoding works for both modes based on what we can test physically and the hardware that we have available. You may just have to wait a few more versions.
I have reviewed VLC library code and the timeout increase was apparently implemented correctly and behaves as it should. Now I don’t have right now the answer on why it still refuses to connect on your end even with the increased timeout.
What is the exact reference of your camera ? If it starts becoming popular and several customers make the request then we may look forward to purchase one.