Aren't you a chipper ro4eva? Maybe your opinion is biased
While there are for sure downsides of HDLoader, the benefits (faster loading, no warranty sticker to remove, EASY to install, no laser damage) far away the downsides. A chip is great, but I haven't heard anything about dead lasers or fried motherboard chips from a HDD.
ALLERGY ALERT: The above post may be nuts.
N64, GBA, both un-modded.
NTSC U/C PS2 v4 w/No Solder v4 (SOLD, DRE... Laser Died
NTSC U/C PS with Plugmod (SOLD to pay for above