WiiLi.org has reported the following:
"Flash player version, that is embedded in the Internet Channel, is affected by the vulnerability in the Flash video handling code that reportedly allows of executing native code."
The related CVE reference is
henke37 of WiiLi.org has confirmed the vulnerability on the Nintendo Wii.
>From the report of ComputerAndVideoGames.com:
"This could, among other things, lead to the creation of game emulators on the console"