My system is at 4.2 and i made it most of the way thru until it asked me to run the cIOS 222 223 installer v4 and then choose IOS 249.
the problem was that 249 wasnt listed. after trying a bunch of installers, i finally went into the wad manager and tried to install IOS 249 there which was apparently a bad move. now it seems 249 shows as an option in wad manager (step 6) but locks up my wii when trying to run it.
Also, when i try to run anything else like the 222/223 installer, i can see 249 as an option but it locks the system up. i tried to run USB loader just to see and it locks up too...
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In System Menu 4.2 IOS249 is a stub so here's the trick:
In WAD Manager select UNINSTALL IOS249 first (don't worry it's safe, remember you should NEVER uninstall IOS <100) and then load WAD Manager again and install it.