Wii “Hacked” Officially!

Nintendo-Scene.com is reporting of an interesting presentation that took place at the 24th

Annual Chaos Communication Congress (24C3) right now; it would appear that a fully hacked Wii capable of running native homebrew with full hardware access has been presented.

The guys over at 24C3 just demoed a Wii hack that is set to provide native Wii
homebrew in the near future (not running in GC mode, and with full access to all the Wii hardware!)

They were able to find encryption and decryption keys by doing full memory
dumps at runtime over a custom serial interface. Using these keys, they were
able to create a Wii ?game? that ran their own code (their demo happened to show live sensor/Wiimote information, amongst a few other things).

Heres a Video of it all in Progress.