..probably NOT! This is a risky procedure which can kill, or BRICK, your camera.
The problem is, IP camera's are by-design, made to be connected through a network. Unlike a computer to which you have a keyboard-and-mouse direct-connection to the bios, you can only communicate you an IP camera through the network. In the process of updating camera software, you could potentially loose all ability to connect, and at that point your camera is DEAD.
So I don't recommend it, unless (a) you REALLY KNOW WHAT YOUR DOING [1], and (b), you don't care if your camera becomes a useless brick.
OK so if you want to proceed, here is an example of hacking a LINKSYS WVC54GCA.
Remember- its possible that
Your camera may never work again!
[1] - you should understand details like unix/linux commands, and in some cases, even how to disassemble the camera and solder on a new connector, and so on.
