Hello,
How can I be sure that the two firmwares (RUT360 and modem) are compatible?
Router and cellular modem are two separate devices, with their own CPU from different manufacturers. Thus, the firmwares in those devices are independent and you should not be worried about compatibility issues.
What if I update the modem firmware and lose my 4G connection? Can I revert to a previous modem firmware?
This should not occur, as modem firmware fixes global issues, related to the functionality of the modem. However, if there are any stability issues or reduced performance with the latter firmware, you can always revert. The only condition is to have a WAN source other than mobile during modem update procedure.
Will I need to do a modem firmware update in the future - i.e. will my RUT360 break again with a future firmware update?
As long as you have a reliable mobile data connection, updating modem firmware is not suggested at all, as issues related to the router functionalities are solved with router's firmware. However, there are quite a few instances, where updating modem firmware resulted in improved mobile connectivity stability and reliability.
Best regards,
Žygimantas