I'm using Oscam 1.20 unstable_svn build #6611 downloaded from TSPanel. As you can see below it reconnected no problem. When I took the ethernet out it didn't even register the reconnection, just kept ticking over, picture came back on as soon as I plugged the cable back in.
2012/10/13 16:02:53 5A3A90 c ........(0963&000000/0501/15B9/62:BBEA): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:02:57 5AF410 c ........(0963&000000/0000/10CF/62:B6C4): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:01 5A3A90 c ........(0963&000000/0501/15B9/62:A8EC): found (83 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:03:07 5AF410 c ........(0963&000000/0000/10CF/62:0120): found (85 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:08 5A3A90 c ........(0963&000000/0501/15B9/62:3DA7): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:03:15 5AF410 c ........(0963&000000/0000/10CF/62:8B62): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:16 5A3A90 c ........(0963&000000/0501/15B9/62:B422): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:03:23 5AF410 c ........(0963&000000/0000/10CF/62:A5C9): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:24 5A3A90 c ........(0963&000000/0501/15B9/62:C29B): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:03:30 5AF410 c ........(0963&000000/0000/10CF/62:3BCB): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:32 5A3A90 c ........(0963&000000/0501/15B9/62:6A35): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:03:38 5AF410 c ........(0963&000000/0000/10CF/62:1D11): found (82 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:40 5A3A90 c ........(0963&000000/0501/15B9/62
069): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:03:40 5BC160 c encrypted cccam-client 192.168.xxx.xxx granted (xxxxxx, au=off)
2012/10/13 16:03:46 5AF410 c ........(0963&000000/0000/10CF/62:0697): found (82 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:47 5A3A90 c ........(0963&000000/0501/15B9/62:B376): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:03:55 5AF410 c ........(0963&000000/0000/10CF/62:A969): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:03:55 5A3A90 c ........(0963&000000/0501/15B9/62:04B0): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:04:03 5AF410 c ........(0963&000000/0000/10CF/62:C3AD): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:04:04 5A3A90 c ........(0963&000000/0501/15B9/62:9C63): found (83 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:04:10 5AF410 c ........(0963&000000/0000/10CF/62:BDF6): found (82 ms) by 1 - 0963:10CF unknown
2012/10/13 16:04:12 5A3A90 c ........(0963&000000/0501/15B9/62:A514): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:04:18 5AF410 c ........(0963&000000/0000/10CF/62:0DC9): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:04:20 5A3A90 c ........(0963&000000/0501/15B9/62:0629): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:04:25 5AF410 c ........(0963&000000/0000/10CF/62:125F): found (82 ms) by 1 - 0963:10CF unknown
2012/10/13 16:04:28 5A3A90 c ........(0963&000000/0501/15B9/62:4CA6): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:04:34 5AF410 c ........(0963&000000/0000/10CF/62
848): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:04:35 5BEBF0 c xxxxxx disconnected from 192.168.xxx.xxx
2012/10/13 16:04:35 5BEBF0 c thread 2C2FF4B0 ended!
2012/10/13 16:04:36 5A3A90 c ........(0963&000000/0501/15B9/62:0D4D): found (84 ms) by 1 - 0963:15B9 unknown
2012/10/13 16:04:41 5BC160 c encrypted cccam-client 192.168.xxx.xxx granted (xxxxxx, au=off)
2012/10/13 16:04:43 5AF410 c ........(0963&000000/0000/10CF/62:1919): found (81 ms) by 1 - 0963:10CF unknown
2012/10/13 16:04:43 5A3A90 c ........(0963&000000/0501/15B9/62:9E63): found (84 ms) by 1 - 0963:15B9 unknown