Good news, remember 2 months ago when Waninoko's backup loader got leaked. Then he quit and all news were lost. Well, Wiigator picked up the project and release a 0.3 beta. He also open-sourced the backup loader so Nintendo can't buy anyone off.
NOTE: this is a software based loader, no need for ANY mod-chips. The link also includes install instructions. Google and you can easily find more detailed step-by-step instructions.
Features of the backup loader:
- No need for patched games, play 1:1 image directly
- vastly improved loading times
Check out the compatibility list: