To add on to Marionumber1......The Wiiukey team has nothing. That is why nothing has been released. Everyone can say they are "waiting" for a certain update, but that is just wishful thinking. If they had something (even if it was something they thought would be patched and want to wait till after Smash) They would have a video, or some sort of proof of concept on it by now. You could say they are waiting for smash, but once smash is out and nothing is there, Will you say they are waiting for some DLC? than Zelda! The list will be added to. They bought information they thought was better off some people that were sneaking and stealing from the scene, once they got shown out for doing it, all information given out stopped, and others helping stopped (or didn't and just are keeping quiet). But that is fact. They sold useless information with promises of more, upset the ones they took the info from and stopped helping/sharing more.
Second. I love how everyone wants these guys to give updates every step of the way with source code in hopes "others" will use it as their own (3ds scene essentially right now).That wouldn't do much considering, that webkit exploit has been out a long time and not many have done/came out with doing something with that other than a few, (also more info coming out leads to more possibilities Nintendo patches it better to have options for more firmware versions) Let them do their work, then we can get some homebrew, I want some more awesome HB games!