If you're really interested in Swap Magic, here's a quote of TobyNY from another post....

Quote Originally Posted by TobyNY
For anyone who cares, there will be a new version of SM, called Swap Magic 4.0.
It's scheduled for release in late 2005, early 2006. New features of Swap Magic 4.0 will include:

- 3 discs: 1 for CD's, 1 for DVD-5's, 1 for DVD9 (Dual-Layer) games
- Highest TOC possible for all discs. This means a 700 MB TOC for CD games, 4.37 GB TOC for DVD-5's, and 8.+ TOC for DVD9 games.
- Perfect game compatibility I.E. unlimited IOP resets. Swap Magic 3.3 and 3.6 already run games perfect but certain online games like Killzone and Project Snowblind might freeze if you enter and exit online play more then 10 times due to too much IOP resetting.
And that "Action Replay Max Evo - Swap Magic" won't work. Its just a modified version of AR Max Evo so that it works properly with swap magic so people with swap magic can cheat