Yepp! exosphere.ini can be used for both. Atmosphere always read it before "booting" your respective nand. very simplifed.How would you do both exosphere setup for emunand and sysnand?
Can it be setup together?
https://switch.hacked.us/extras/incognito/
blank_prodinfo_sysmmc=0
blank_prodinfo_emummc=1
here is an example lets say you play online with bought games on sysnand. Sysnand isn't blanked out and works like a normal Switch.
But prodinfo is blanked on emunand and therefore it won't be able to connect to nintendo online. Plus it's "blanked" so nothing to ban.
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You can even setup MITM blocklist with Atmosphere to do a "local" 90dns.
Download this - https://nh-server.github.io/switch-guide/files/emummc.txt
It will ONLY block Nintendo on Emunand.
https://nh-server.github.io/switch-guide/extras/blocking_nintendo/ - how to set it up.