@lain from what it looks like to me, and i'm no security researcher or anything so take this with a grain of salt...
this seems to be some method of copying a save file over to an "artemis engine" game that will save the exploit for future use, but the exploit still needs to be initially done with smilebasic and the whole process with using a computer.
it's not a way to exploit the console in of itself, but it's kind of like tethering the exploit to something you can just click once instead of needing to go through a setup every time.