About the Ghost mode hack
The hack isn't patched or detected by HackShield but nexon got lucky when they decided to make that retarded new intro. The ghost mode hack was designed to hook into that original loading screen but now since it has been replaced it can no longer hook.
About the Supposed Bypass
All this "bypass" is is an old version of the engine. Because this is an older version it still shows the old loading screen so you can still use the ghost mode hack. The only problem with this is that nexon some how detects that it is an outdated engine and ends the connection to the server. So in order to make the old version of the engine last longer than 3 or 4 minutes you must update the crc and hex edit the version number and possibly "make it the same file size" (:lolz2much's idea). No one i know of has been able to make one that works for a lot of different ppl.
I posted this since I was sick of hearing noobs talking about how it could bypass hackshield this is why that Aimbot with The name esp doesn't work on either engine version hackshield detects it and d/c's you.
I hope this helped everyone one to understand the old engine bypass concept.