I think it is too soon for anyone to know what Nintendo has up their sleeve, if anything to block or prevent and so on.
There has been many that have played online and have gone to the Wii shop Channel to download or what not.
No one has mentioned any difference after installing VC wads and homebrew channels.
They have never done anything about people playing "backups" online at this time. So who really knows if they will do anything about it.
Or they could be plotting a plan right now in a conference room if they haven't already.
Which reminds me of that previous update that was discussed about IOS37 and what will happen once it's activated.
V From
wii.qj.net
* Until the system menu is updated to use IOS37, it will have no effect.
* Once the system menu is updated to use IOS37, "Trucha-Signed" discs - or channels - will stop working, as will the Freeloader disc.
* At that point, "homebrew channels" would be considered "invalid" by the system. The consequences of this are unclear, but that could potentially prevent the Wii from booting.
* Other versions of IOS are not affected.
* The Twilight Hack is unaffected.