When the Freeloader hit, it was a double edged sword. Yes, we could now freely play out of region games, but with Firmware updates now a reality on the Wii, we knew at some point Nintendo would kill it- and they did. Datel has commented on the future of the disk at this early stage we are not sure when, if ever, we will be able to release a new version of Freeloader that will run on consoles that have been updated with the v3.3 firmware. More inside Datel also said no refunds would be issued, as technically, they still work with v3.2 firmware. However, with homebrew solutions now in abundance for region free, is the Freeloader a relic of the past now?
Source: GoNintendo