Ah, I formatted with the Panisonic SD Formatter 1.3 and it booted properly now :-D. How would I check the crc value of my rom to see if it's a good dump? (just for future reference).
I have had my acekard 2i for a while now and decided to update it so I could play some of the newer games that have come out. So I formatted my micro SD card to start fresh and downloaded Akaio 1.9.0 and extracted it to the root of my SD card. Then I downloaded the newest Acekard 2i firmware...