The full version of the Homebrew Channel, developed by Team Twiizers, was released just yesterday. The channel can be installed on a Wii to load from the Wii Menu, eliminating the need to run the Twilight Hack every single time you need to run a homebrew application. The channel loads any applications from the SD card, so you no longer need to change the .elf on your card when you want to run a new application. This isn't without it's risks, if the installer fails because the Wii loses power or the installer is corrupted, your Wii may brick. Take care when attempting to install the channel. The official website is located Here. Good Luck!