These steps came from the MSI website itself.
link
Restore with reset button
1. First turn the
power off the router and press the "reset" button.
2. Power on the router and hold the reset button until M1 & M2 LED or Status start flashing.
3. Release the reset button. If the LED flashes eight times that means the reset is done but if the
LED light flashes twice you need to repeat the steps.
Reset the router while the power is on.
1. Press and hold the reset button for about 5 seconds M1 should flash 5 times, release the reset button and the restore/reset process is done.
[Answer supplied by Aris C on Fixya.com]
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