Wii Fw 4.2 Update Defeated !!! here by our own members & staff
Warning: Due to the new fw, we have not tested this much, so this may work, it may not work! those who want to try it out, this is what they should do:
Ok so you Updated your Wii to 4.2 and now you have lost all your HomeBrew, well not all is lost, If you previously had Softmod and you are NOT using a virgin 4.2 wii then it means you most probably would have IOS249 installed, we all know that this has now been blocked by Nintendo, but what you don't know is there is a duplicate, yes IOS250, so do the following to get your HBC back up and running.
more info here
congrats to the Wiihacks members & staff ..technom8t, jamieupanddown and messie who was involved testing till really early into the morning...:D