I'm just reading the card's info, it actually sounds rather promising based on these quotes:

And whoa:

So if they succeed in that there will finally be a proper way to play DSi backups (I vaguely recall the Cyclo DSi although I'm not sure if that ever managed to run any DSi/Enhanced backup without issues).

All in all this sounds very interesting and I wish them luck. A team that's both innovative and has some kind of moral standard, what more could you want? a lot but this seems like a good start