Priiloader is a modified version of the officially discontinued Preloader. Preloader is a small application which places itself before the System Menu. Its main feature is to directly boot the Homebrew Channel or a file you can install from a FAT device. Preloader is also able to apply memory patches the system menu to remove limitations or other things. Warning! This homebrew makes permanent changes to your Wii’s flash memory (NAND) and should be used with caution.

Changes:

* Fixed Gc controller when updating
* Fixed some DVD drive accessing bugs
* Fixed some changelog displaying issues
* added support for the new HBC
* check apps on USB if SD has none
* changed magicword to 0x817FEFF0 (for techinical reasons. old magicwords still work; but it is recommended to switch)
* fixed random small bugs
* new libogc -> new wiimotes supported
* fixed loading compressed dols
* fixed title menu crash
* fixed installer some more
* Dropped language mods.
* set black background as default
* added argument + ahbprot support for dols
* all dols use IOS 58,61 or 38(with ahbprot)
* EasterEgg removed
* Gecko output will now be dumped to fat:/prii.log

http://wiibrew.org/wiki/Priiloader