I'm wanting to make sure I've got everything correct before I try and install a WAD on my Wii: I have the WAD installer in the "apps" folder, I have the WAD in the WAD folder, and the homebrew channel waiting on my Wii for boot-up. DO I have everything correct?
BTW, I'm not doing anything illegal. I've actually bought the original game, but I have no means of booting my N64 anymore.
Yes, that's everything you need.
Make sure to keep the wad, incase you want to uninstall it. You can't uninstall the game without it.