The Wii’s Twilight Hack has been a big hit for the homebrew crowd. Using the software flaw, they’ve been able to play Tetris on their Wiis and even create some custom Wii channels. Nintendo tried to shut that program down, but 8 hours later, it was back. Nobody can keep the homebrew devs down, and over the past week there have been two more major breakthroughs in “hacking the Wii.”

A group called Waninkoko has created a custom firmware for the Wii which allows writable DVDs to be read by the system. This means that downloading Wii titles to your PC, and then playing them on a burned disc could be right around the corner. The second crack for the Wii came from teamshift. They were able to create a PSP emulator that can play whatever games you wish.

Of course, neither of these hacks have actually been confirmed, so take heed before you try to install the Waninkoko hack. Do so at your own risk. The PSP emulator rumor from teamshift comes from a single image posted on NintendoMax showing Puzzle Bobble Pocket playing on a Wii. The image doesn’t hold much credence, and could be completely fake, but if it’s real then PSP games may become the new black for a while in Wii owner’s homes.

As more information is revealed on this, we’ll let you know.

Read more at engadget and DCEMUuk