I'm having trouble loading USB Loader. When I launch it I get the error message "Custom ISO 249 could not be found, Please install it". I looked on the SD card for it but couldn't find it anywhere.
No doubt Modchips will still work but as I and other people have posted there are problems with the Wiikey v1 and v2. Which in my case with v2, NTSC games are no longer playable and some v1's are rendered useless.