@mrburns,
A shunt circuit is a circuit connected directly across the + and - terminals of the power supply. It’s purpose is to provide a load on the power supply.
The circuit diagram you posted is a series resistor circuit. By design it will limit the maximum current draw on the power supply. If the voltage and current supplied is not enough for the camera to function effectively, the camera will shut down.
The 1.7 volt drop you are reading on the camera negative lead when referenced to the negative terminal is the voltage drop across the resistor in the negative power line not the voltage supplied by the positive terminal of the power supply. Just looking at the circuit, I would say that 1.7 volt drop is shutting down your camera because of under-voltage and under current.
Some electrical fundamentals:
Your power supply should be set to the maximum output regulated voltage the camera is capable of handling, under no load. A purely resistive load capable of drawing full current should be connected across the power supply terminals. If the regulator is operating correctly, there should be no volt drop.
If the voltage is correct, the camera should be connected across the terminals, using cable capable of carrying 10 amps.
Danger Warning.
Connecting the power supply directly across the battery terminals with the batteries in the carrier will cause the batteries to heat up and possibly explode.
If the camera is connected correctly, the power supply shuts down, you have RF artefacts being injected into the regulator IC’s. You can verify it by connecting the oscilloscope probe across the + terminal and the earth clip on the - terminal, then switching on the camera. You should observe artefacts before the camera switches off.
If there are RF artefacts, the power supply IC’s need 0.1uf ceramic capacitors directly soldered onto the + and - pins of the regulator IC’s. If the shut-down persists the inputs of the IC’s are detecting, probably amplifying RF by the IC’s. Soldering 0.1uf ceramic capacitors on the input pins and - pins, output pins and - pins are required.
If there are still RF artefacts, the power supply design is incompatible with the camera switching regulator circuit.
Unless you possess a through understanding of power supply design, don’t attempt the modifications. You can do some serious damage.