Sorry that was the annoying auto correct feature from my iPod Touch, it's fixed now.
I'm not sure who else is working on a hack besides yellow8 and his troubles, but this was one of the biggest, most highly publicized chances of finally cracking the 3DS.
As no news is being released, that's the reason why I mentioned that it should be taken out of people's sigs. Unless something new is said, members don't need to keep publicizing this. We don't need newbies losing their money to a seemingly lost cause.