The video's caption simply reads: New Wii Application Announcement by Waninkoko and kwiirk.
It seems he only waited for the cIOS-USB_2.0 release to accomplish the job.
It works on the new FW 4.0 but i dont know if it will be the original or the patched one.But im guess it will be the patched one.Also the games first have to be installed onto the usb-hdd (usb-pan?).You could do this with the USB Loader itself.
The Vid shows the loader, a few games booting and running and the installation of a game. Im pretty sure this will be the long awaited software holy grail for some Wii hb users.
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