I don't even have this product, but I have SD Media Launcher for NGC and I know that the disc is a relabeled AR disc, but it actually comes w/ an adapter and has some homebrew support unlike the new AR (a list of AR codes appear on a background w/ the "Action Replay" logo using SD Media Launcher, if an SD card isn't inserted).

If you're getting this new product for cheats go ahead (you can cheat on homebrew and/or the AR disc included w/ SD Media Launcher anyway... it makes this product less than pointless...), but keep in mind that only SD media launcher can boot homebrew (like dol files, some used for legal back-ups, and even bootable dol files for earlier versions of AR which aren't avaliable/discontinued!!) unlike this. I have SDLOAD, GCoS 1.5, AR 1.08, etc all in DOL files (homebrew) and it's all thanks to SD Media Launcher, so either get SD Media Launcher and/or AR 1.08 (real disc, however, it's discontinued..) + SD Gecko for booting homebrew on your NGC console!
I don't even have this product, but I have SD Media Launcher for NGC and I know that the disc is a relabeled AR disc, but it actually comes w/ an adapter and has some homebrew support unlike the new AR (a list of AR codes appear on a background w/ the "Action Replay" logo using SD Media Launcher, if an SD card isn't inserted). If you're getting this new product for cheats go ahead (you can cheat on homebrew and/or the AR disc included w/ SD Media Launcher anyway... it makes this product less than pointless... ), but keep in mind that only SD media launcher can boot homebrew (like dol files, some used for legal back-ups, and even bootable dol files for earlier versions of AR which aren't avaliable/discontinued!! ) unlike this. I have SDLOAD, GCoS 1. 5, AR 1. 08, etc all in DOL files (homebrew) and it's all thanks to SD Media Launcher, so either get SD Media Launcher and/or AR 1. 08 (real disc, however, it's discontinued.. ) + SD Gecko for booting homebrew on your NGC console!