Understandable, but by risk I meant more like odds. I looked around for horror stories before hacking my Wii and found a large amount of questions like yours, but no direct testimonials that the Twilight hack bricked their console. Most knowledgeable people said, "Know what you're doing (aka follow a good how-to guide) and you'll be fine. Also avoid warez and other strangeness". So while I have no real research data to offer I do believe that the odds of you killing your console are low, but remotely present because any mod runs that risk. Thus the risk is do I gamble on the low odds of a console brick in order to gain the benefits of the mod?
Edit: One more quick thing. This is the thought I had that finally made me decide to go through with it. The 3.4 update has been out for several months now. If the updated 3.4 hack ran even a moderate risk of destroying the console don't you think those who lost their consoles would have a created an on-line uproar about it? Btw, I meant that rhetorically.
