The above prompt will successfully patch the game.
I was able to get my hands on two other games (for testing purposes): Twilight Princess & Mario Kart. Hopefully i can get one of the two games to autoboot and update my Wii.
If this does not work, are there any other options other than getting a new chip?
Seeing as you don't have any softmods, priiloader, bootmii on this system. Your only two options are; autobooting a game with a modchip or sending the console to a programmer to have boot2 flashed with Bootmii. - This should be possible if you do in fact have a launch day Wii as said in your first post.
Mario Kart Wii was the golden ticket. I am now running firmware 3.1U.
Thank you so much for all of your help. I have been trying to fix this Wii for so long, and finally i got it up and running again!
You guys at WiiHacks are awesome!
So where should i go from here to make sure that this never happens again?
OK. First and foremost Install Bootmii as Boot2 and make a backup of your NAND!!
Follow this guide exactly Softmod ANY wii