A modified Nintendo Wii boots a backup of Red Steel. There is no modchip in the Wii, there is a parallel port cable soldered to the drive board. The cable costs under 3 dollars to make.
You will need a male parallel port
and a couple diodes, both parts available at Radioshack for under 3
bucks. Follow Erant’s instructions on soldering in the cable, then use
Syndicate or WAB’s “ISO Loader” or “WABModCheap” programs to
temporarily patch the drive firwmare to allow backups to load. Not as
feasabile as a modchip for the reason that you have to use a PC every
time, but for 3 bucks and the chance to get it done right then, it was
worth it for me.