Hi, sorry to bring up this old topic but... I'm having the same problems too.
I had installed Preloader v0.28
The hacks.ini could not be found. They were in the root of my SDHC card
So I ran Hack Remover, but when it reboot, it autobooted to preloader...
So then I decided to just run preloader v0.29 over all of it, and my systemmenu still say 'couldn't be found on NAND or (whatever the generic error msg was)'. My preloader menu now reads v0.29 though.
WHY isn't it working!?
Thanks.
EDIT: Also, when i go to load/install file, it says NO SD CARD...