Omega ring update problem on Xbox one

Instead of leaving the Xbox Insider program as one Ambassador has suggested you can drop down to a lower ring which receives much fewer updates. For example if you are in Beta ring drop down to Delta or Omega. The Omega ring receives the fewest updates,
usually just before it is released to the general public. This can be managed using the Xbox Insider Hub on your console.

As I mentioned, if it's not among the ones listed, you should use OSU1

Except that the OP is running an Insiders build (the OS build information is the latest Insiders update) so your advice will likely lead to a broken console!

What the OP posted is a match to the lastest Omega ring update (also seems to match all the updates from all the rings) from 4th February, unless I am missing something:

"Xbox Insider Release Notes – Omega (2202.220202-1734)"

https://news.xbox.com/en-us/2022/02/04/xbox-insider-release-notes-omega-2202-220202-1734/

In my understanding the Dashboard experiment, A, B, C selection, is totally random.

As "Both consoles say their OS Version is (19h1_release_xbox_dev_1911.191028-1335)" your consoles are either in the Beta or Delta ring.

Both those rings and Omega ring are getting a preview update News release notes Beta Delta Omega
Insiders today, which you can manually start or wait until it becomes mandatory.

After you do the update, if you want to change rings, it will be the perfect time to change as all those rings will be on the same release. Subject to eligibility.

The new update is only out for some Alpha & Alpha skip ahead insiders at the moment.

If you're in the Omega ring then you'll probably be the last ring to get the update before it's released to everyone.

As an Insider, it passed through alpha, beta, delta and omega rings with no issue like this. Due to how few are reporting problems, would point to a hardware fault that coincided with the update.

It is rare that a software update would brick a console. Knowing which models of Xbox are involved would help.