Well with the release of firmware 3.3 today comes some bad news if any illegal or unauthorized saves are detected firmware 3.3 will disable them all this includes channels and even the zelda launcher.
Mario kart online is pretty good. Not much else is worth mentioning though.
Anyway, as I understand the only time it checks what channels you have installed is when you connect to the store and buy new things, so thats the only time you could be banned for having the homebrewchannel installed. If you're just playing online games it shouldnt detect your channels.
Still though, jamojojoe is right. I havent heard of anyone being banned from online for twilight hacking or anything else.
In order to install the Homebrewchannel you need the zelda hack or the resigned iso but after firmware 3.2 the resigner no longer functions and after firmware 3.3 the zelda hack no longer functions so yes it doesn't ban it if you have it preinstalled but if you don't your in trouble.
@susieqbbb
Actually the hack is working fine for the 3.3 Firmware.
Wiibrew.org has a new version for the hack.
Twilight Hack v0.1beta1
June 21st, 2008 by marcan · 170 Comments
This new version of the Twilight Hack is compatible with version 3.3 of the Wii System Menu, using the workarounds explained in previous posts. Thanks to everyone on IRC who contributed to the search for the bugs, and to tmbinc and tehpola for finding the two bugs that make this possible.
Changelog for this release:
* The Twilight Hack is now compatible with version 3.3 of the Wii System Menu.
* Improvements in video configuration. The entire console should now be visible in all video modes, and scrolling has been improved.
* For the USA version, the two variants of the hack have been packed into one save file. Just select the save slot that corresponds to your version of Twilight Pricess when you start the game.
* New savegame icons by drmr. The new icons now show which region that version of the hack is for.
* This version now tries to load boot.dol, and falls back to boot.elf if boot.dol is not found.
* ???????
* Many, many bug fixes.
Download it here. Head over to Wiibrew for more information and updates. See the included README for installation and usage instructions.
Enjoy!
BTW I want to ask a question. There isn't a way of bricking my wii with the Homebrewchannel?
What are the pros and cons from having the Homebrew Channel?