The Gateway 3DS team has released a video showing their card being able to play games from a region different than that of the 3DS console, as well as playing games that normally require the 5.1 firmware on a lower version.
As promised here is the proof ! Our latest alpha build showing off BOTH "Firmware spoofing" and "Multi-Region" !! In the next few days we will be moving into private beta and then release. For now, the video showing: 1) Firmware Spoofing 2) Eu console booting Jap exclusive 3) Kor console booting Eu backup. ENJOY ! Gateway 3DS is committed to 100% game compatibility.