I was just looking for this topic to post this page I found yesterday night.
But... I copied the contents to my old Hacks.ini and preloader gives me an error, it did not fit on screen, but it seemed that it found NO hacks on SD....
It DO has the last empty line....
Also, it is not directly related to hacks.ini, but I noticed that before I install preloader (and SM4.0), when my Wii was turned off (red light) and I pressed the Eject Button, it turned on, ejected the disc and auto turned Off.
Now, it just turn on and stay like this...
Is it preloader that does it ??? Is there a way to make it work as before ?
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UPDATE:
I manage to make it recognize. As I use Linux, preloader does not recognize the file if it was written on linux. If I set ff=dos in vim, it claims the brackets error. Then I opened vmware and created the file in notepad. Preload recognized at once.