A new Wii System Menu update is now available in both North America and Europe.
Similar to the previous one that deleted and blocked Wii homebrew, this one is also labeled as version 4.2.
To quote on the noticable changes thus far: "Apparently the latest update is for the Ambassador program (earn free VC titles by helping others connect online) in Europe, but again, there are no noticeable changes for North American Wii systems at this point.
Those who downloaded the Wii Internet Browser for 500 points can now receive a free VC NES title."
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