Thanks everyone, you guys have totally answered my questions. I've been doing alot of reading, since I got my DS Lite on monday. I've made up my mine on buying M3 Equipment. I'm set out for:
Passcard 3 (For the Pass Device)
M3 MiniSD Flash Cart
1GB MiniSD Card
From what I've read this has an excellent comptability with NDS/GBA Games, so long as I use the compatability lists given online at m3wiki incase I have trouble running a game. The 1GB MiniSD is plenty of room for DS/GBA + Emulation, this is my primary focus. If I feel up to it, I'll look into Moonshell and convert an episode of Naruto or two over and check it out.
I *was* eager to see a MicroSD Device in the works. I think I'll wait until after my trip home at the begining of August, if I don't see a M3 MicroSD device out, I'll just buy the MiniSD. I have about 4-5 friends with a DS "phatty", that I could easily resell my hardware to, no problem.
I've read about reflashing my DSL with Passme, but I figure, I still need a nopass device to do the flashing in the first place, so why not just buy it. I may look into more detail if friends want to do the same route, then we can use my hardware and flash the f/w of the DS Lite.
Thanks again, if I missed something if someone can PM me, or reply to this thread that would be great.
ejx982