Welcome to the wild, wild world of xMP-8602 cards! (it is a 8602, not a 2511, right?)
Often, it seems, this little bit of joy is related to transmit power levels. If you adjusted the TX-power, that was likely your downfall. If not, you may need to do so (downward!).
To get things stable enough to adjust settings, you need to be quick. There is usually a window of a few seconds after it boots up before it reboots, that's your chance:
You will want to have a nice minimalist disable command ready and waiting on your clipboard, something like:
(Be sure to have the newline copied as well, you don't want to have to hit return after the paste, every millisecond counts!)
As soon as it boots up, quickly log in, and paste that command in. With luck it won't reboot.
Otherwise, pull the card, boot it up, do a /system reset, re-install the card, and start from scratch (being very careful about power). Or, just replace the card (perhaps with a CM9 or R52).
It also seems, perhaps sometimes (maybe), to be triggered by having too weak a power supply. If you are using a wimpy power supply, replacing that with something beefier may help.
Good luck,
--Eric