I know it's still a little early to talk about this, but I was curious if anyone has personally tested the mod chips out. I bought my wii on black friday so I know it will work with the mod chips.
As of now there are 3 mod chips.
Wiinja hxxp://www.wiinja.com/
# Non Swap / Direct Boot
# Boots Own Region WII Backups Directly
# Boots Own Region Gamecube Backups Directly
# Boots Imports Gamecube Backups by SWAP
# Yes,We've AudioFix
# MultiDisc/MultiGames
# Easy Soldering & Remove / 5 Wires
# 35€ Retail Price (Doesn't include taxes)
# Support DVD-R and DVD+R (Burn +R on DVDROM Booktype)
# Universal EUROPE/USA/JAPAN Wii Console Supported
# Stealth Mode
# NOT Upgradeable / ON SALES NOW!!
CycloWiz hxxp://teamcyclops.com/
# Fully upgradeable via DVD
# Direct boot of Wii backups
# Direct boot of DC backups
# Direct boot of homebrew in GC mode
# Runs imported GC games (needs swap)
# Built-in audio fix (no patch required)
# Compatible with Multi-Disc games
# Compatible with DVD-R and DVD+R
# Stealth mode
# Multi-purpose LED
# Chips supplied in professional ESD packing
# Very easy to install
# It's the real thing, the chip is already shipping!
WiiKey hxxp://www.wiikey.cn/
# Fully upgradeable via DVD/disc (future proof, expect cool features to come)
# Direct boot of Wii backups (like originals)
# Direct boot of GC backups (like originals)
# Boots different region GC games/backups
# Boots different NTSC region Wii games/backups
# Supports multi-disc games
# Supports DVD-R and DVD+R
# Built-in audio fix (for games using streaming, no patch required)
# Stealth mode
# 4 wires & quick solder interface
# Compact design, best quality components, rock solid high speed controller
# Professional ESD packing
Comparision
Wiinja CycloWiz WiiKey
Wii Backups direct X X X
GC Backups direct X X X
GC AudioFix X X X
Steath Mode X X X
Upgradeable X X
Supports DVD+R X X X
Supports DVD-R X X X
Supports imports
GC import swap X X X
Multi-Disc games X X X
program switch X ?
This is all just by looking at the specifications from all three sites. I have not tested any mod chips. I would love to test them out, but I would need to get 2 other Wii's. As of now no chip is able to play import wii games. They are however able to play GC games with a swap method, but I am curious as to how you can swap. I am currently leaning towards the CycloWiz because you can install a switch so that you can only flash it when the switch is on, once it's in the off position it can't be flashed. I like this idea, because the chip can't accidentally be flashed. My only concern now is what will happen with the online games and such. How will that come into play.
Well we will just have to wait and see. I plan to get a mod chip once all three have been tested and reviewed. I would love to do it, but don't have the extra cash for 2 more wii's and 3 mod chips.