I can confirm that the firmware sysupgrade flashing works on this latest luma-board2 branch!
For reference, to do your own build:
git clone https://github.com/tmn505/openwrt.git
cd openwrt
git checkout luma-board2
./scripts/feeds update -a
./scripts/feeds install -a
make menuconfig # and select at least all the "additional packages" mentioned above
#target system: qualcomm ipq40xx
#target profile: luma home
make -j6