i recently did the 4.0u update. I have a Wasabi Zero chip and HBC installed, and I have had NO problems whatsoever. The funny thing happened the other day, i made a backup of Madworld and went to play it and got a black screen. I reset the wii and figured I'd try loading it with gecko (1.07b), and when it loaded i got a disc error 002. So when i was gettin ready to try patching the game, i read there was no system update....I know everyone always says don't do the updates if its modded, but I'm a risk taker, so i said fuck it why not?!? Needless to say I'm happy I did the update...the backed up games I once needed to use gecko os to load, I now no longer need to use gecko to load them, they all load right from the disc channel!!!
So for any of you guys out there who wanna take the risk, I say go for it.
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