I took the stock recovery.img from
https://developers.google.com/android/nexus/images#mantarayjop40c, unpacked it, copied over the recovery binary from cwm touch 6.0.1.6 and resource files into the ramdisk... repacked it, and voila... no more reboots!
I'm sure Koush will eventually figure out what's going on with his automatic build system... my manually made recovery seems to work ok.
Please have at it (and feel free to thank me and report bugs), and if you want a tgz of my "unpacked" recovery I'll upload as well. You can also just unpack my uploaded file and see where the differences are yourself.
I've done recovery mods in the past for the G1, G2, and Gnexus when stuff like this happens when a device first comes out and recoveries have bugs in them.
Just "fastboot flash recovery $file.img" to try it out. I've got it running on my nexus 10 already and it hasn't rebooted (I succesfully installed CWM-SuperSU-v0.98.zip from
http://xdaforums.com/showthread.php?t=1538053 )