Highfiber 0.0

so i bought a softmodded korean wii from megamall at 14,500 with 20 free "backup" games. ive had no problems with it, except that the "backup" mario kart asked me to update the firmware which I idiotically did (i didnt know at the time that i wasn't supposed to do that) - good thing i didnt brick the damn thing.

anyway, my question is this: i see a homebrew channel on the system menu - does that mean i can play the classic NES, SNES, Neo-Geo games from the virtual console site? i already torrented some of those VC games and I don't know how to get it to work. do i need to install the wad installer on my SD memory card and then stick in it in my wii? or can i just simply drag the games into the memory card without doing anything else and the system will automatically detect the games after opening the homebrew channel?