It is reported that the Nintendo Wii console has already fallen victim to hackers, with the release of a Modchip that will play game backups of the same region as the host console expected on February 1st. The Wiinja modchip only needs 5 wires soldered to the device. ISOs of Wii games have been available for download on the Internet for some time now. Here are some details provided on the chip...
Non Swap / Direct Boot
Boots Own Region WII Backups Directly
Boots Own Region Gamecube Backups Directly
Boots Imports Gamecube Backups by SWAP
Easy Soldering / 5 Wires
35€ Retail Price (Doesn't include taxes)
Support DVD-R and DVD+R (Good Media Quality +R)
Universal EUROPE/USA/JAPAN Wii Console Supported
NOT Upgradeable

Source:
Wiinja






