https://wiiu-developers.nintendo.com/signup/
You're going to have to go through the signup process to find out the requirements, just as I did. Though when I did it, the original Wii had just been released. There's a few webpages perpetuating a myth that a locked room in your house constitutes a secure office, but Nintendo actually has to inspect the premises to approve. Go ahead and apply, see what they say about a locked room in your house.
Bubba said the size of the "hack" and basically said he has it.
Then I hope for the sake of his reputation that he's not lying about that. I don't know him, but I've seen people make up stuff in the past about having something just because they're hopeful that it's true, and they want to try to legitimize the claim that it's true. Something is true or false independent of who says it, or how nice they are.
Bubba is very nice and passes on info.
Whether he's nice or not is irrelevant about whether or not he's been taken in by hoaxers.
Some info is true and some turns out to be false.
If his information is hit or miss, how is it reliable?
Psychologically he has no authority.
Psychologically? In actuality he has no authority, so people shouldn't be citing what Bubba says as evidence for whether or not it's true.
He has a reputation for passing on what he hears.
Ok? And how does this support the idea that the hack is not a hoax?
There is no authority fallicy.
It's "argument from false authority". An example of argument from false authority is "this weight loss system really works because that celebrity said so." Something is true or false independent of whether or not this, that, or the other celebrity says so. What's more, even if it was a doctor who specializes in weight loss, that's still a falacy, it's just "argument from authority" not "argument from false authority". Whether or not it works is independent of the qualifications of the person promoting it. If it works, then there should be evidence. "So'n'so said so" is "take So'n'so's word for it" and in no way constitutes an evidence based position.
Again, what is your source for the devkit being treated like hipaa material (close to it)?
Click the above link, go through the process. When my company went through it, Nintendo went over us with a fine toothed comb and wouldn't let us even lay eyes on a dev kit until we met all of their strict requirements.