The Wasabi boasted of an impressive repertoire of features, but could they live up to it?
At the moment, no. A lot of people who went for the chip are experiencing that it does not work properly.
http://wiinewz.com/forums/wasabi/67148-wasabi-d2c-red-light-reset-quirk.html
I have personally tried to install 2 of these chips and both times I experienced issues with the drive of the Wii not starting the first time, and the light of the chip staying red, until you reset the Wii a couple of times which is very annoying.
Resetting the chip by connecting the ground wire with the K wire seems to help the chip start. But that is in my opinion a crappy solution because, you need to connect a switch and route it from the drive board and out of the Wii casing so you can access it when you need to.
as of now the Wasabi team has not addressed the problem and time will tell if they ever will and/or there ever will be a solution or not. I fear that the problem not can be resolved with an firmware upgrade but lies within the Wasabi Hardware.
:(
UPDATE ! : follow link to see how to fix wasabi error FIX
