I haven't really kept up with this since hearing the news ages ago that a GC mod chip was in the works... but it looks like it arrived. And now somebody's got a good tutorial up (link via hackaday). Looks like a pretty easy mod -- although the chip's pricey ($60) and you'll need to get your hands on some miniature DVD-Rs to make it worth your while.

To be honest, the projects involving LAN bootloaders (imperfect though they may be) and internet multiplayer seem a lot more glamorous. The GC's lack of a hard disk more or less limits the modding applications to piracy and a few assorted applications like MP3 players (oh yeah -- and running Linux, for some reason). That was exciting circa the PS1, but at this point I'd actually rather just buy the damn games.

I've totally sold out.