It doesn't seems to be a forwarder (nand loader is unknown to me and there is no reference to a .dol or .elf path in the .dol), I think it's a full channel. Ask to the original author it this is really a forwarder.
Thanks for checking it out for me, I know the other 3 or 4 channels I tried to do myself were full channels, that link came up in another forum as being just a forwarder; can't recall the source as I've gone through a bunch tonight trying to find a straight up forwarder. If I find one I'll post it here.







