I'm afraid not!
I've got the lines

[serial]
car_rate=115200

in my config.ini.
I used Hijack to force the player into car-mode.
I connected the player to the pc using a straight-through serial cable.
I see no output in hyperterminal while booting .
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---------------------------- MK1: 00314 (4GB) MK2a: 030103104 (30GB) Installed in a BMW 323ti