Reported by our guys over at Wiiware World, Miyamoto has been quoted in an interview on IGN:

There isn't anything that we can announce today, but we have been thinking along a variety of different lines regarding this matter for some time now. So my hope is that sometime in the not too distant future we will be able to discuss some concrete solutions.

We're alittle surprised its taking the big N to act on this subject, a number of gamers are in need of a solution. We're sure Nintendo could issue a firmware upgrade with a "play-from-sd" feature, c'mon Ninty make it happen!