This loader is proving to be great so far.
Using rev11 (compiled myself on my Linux box) - on a PAL Wii (3.2E) with the read_retry cIOS v249.
Already one game that was causing me problems with Wiigator's loader is now working flawlessly (so far at least).
I am happy to confirm that
Wario Land: TSD (PAL) now DOESN'T FREEZE WHEN LOADING THE "DISTURBING TOMB" LEVEL!
The other "problem" game I've tried -
de Blob (PAL) however still manifests the same "Eject disc" error if you hang about in the initial menus too long, as it does with Wiigator's loader
Still, that's one problem game seemingly fixed...
Overall, I am very impressed indeed with the short time this has been put together in...it's already (for me at least) more compatible than Wiigator's, and seems to me to initially boot the games faster. Loading speeds in-game are comparable (as is jumpy video with rich content - like that of the opening intro to Wario Land: TSD).
I like the sparse UI - I am a Linux-phile after all!
I am all for keeping it as source-only in SVN for the time being at least, forcing people to compile themselves and not distributing pre-compiled DOLs - it definitely helps to keep out the riff-raff users who don't really know what they're doing...