The Homebrew Channel is a Wii channel used to launch homebrew apps on your wii... basicly you get this then the homebrew browser then download wat u want... emulators... music... codes... i hav the hbc and its cool... people say its illegal but its not... so dont let tht get u.... its free and easy to use channel
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No, it will not. The applications you run can, though.
Launches apps not made by Nintendo
No, you cannot, because the homebrew channel is not official software. It is freeware and thus cannot and will never be able to be bought through Nintendo because it is free. Also, be wary of the homebrew channel it can and sometimes will completely crash your Wii (equivalent to the blue screen of death for a computer).
It isn't bad for you. but it will brick your Wii if Nintendo finds out you have it.
Yes, but you must install the Homebrew Channel and a USB loader.