Yes – the title is right!

Team twiizers have released a new wii exploit to allow you to run homebrew on the wii.  This is useful if you haven’t been able to get bannerbomb working.

This means that right now we have, in chronological order, the following exploits

• Twilight Hack
  Has been resolved in later releases of the Wii system menu.
• Banner bomb
  Works with v4.0 and v4.1 of the Wii System menu.
• Super Smash Stack
  Beta – Only works with the US version of super smash brothers
• Indiana Pwns

Follow the links for more information and downloads.