One more question that I have for you all,
Is it possible to insert a wii disc, and extract it to a wii channel so you don't need the disc in order to play it?
Yeah, as the commenter above said, not enough memory on the NAND for that, I think it only has 512MB's of space, Wii games are 4.73GB.
I wonder if it would be possible with an emulated firmeware though ... I don't really see a point to it, but it would be pretty cool.