As you might already know, 2 weeks ago Gateway has announced they have a new update which makes booting gateway possible on 9.x firmwares and new 3ds, 3ds xl. They also advised not to update beyond 9.2 if Nintendo pushes a new update.
After 2 weeks, at last, today Gateway gave us more info with a video. In the video we can clearly see a Japanese New Nintendo 3DS with 9.2 firmware can run Gateway Red card. Also we can see this new gateway firmware update supports Region-Free, Multi-Rom menu, homebrew booting and Dev Menu with .cia install. It can also run latest games like Smash Bros 3DS.
Well, with a Dev Menu, homebrew support, region-free and without 10 games limit, Gateway looks like a much better choice than SKY3DS and the clones for now.
I would advise to wait for the actual update release before buying any 3DS Flash card especially the ones with 10 games limit.
Here is the video Gateway Team posted:
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