Sweet. Those GHes everywhere are annoying though. <_< (Also, maybe you should call yourselves Action Replay Game Hackers. )
What are those songs you used? I want them.

Well, the Real-Time World Editor works quite nicely; Aside from my previous suggestion (and one I might just very well do myself), the only thing that could make it better is making it Wi-Fi friendly (aka, somehow manipulate the game so it sends the 'dropping -item here-' at '-current location-' to everyone else and therefore would be even more so "real-time". Though I figure it might be a bit hard to do, it'd definably be possible and, imo, worth the trouble. (Which, if I wasn't so lazy to actually try and find out where said 'object being dropped' value(s) are, I'd try and do it myself as well).

You just need a way to instantly drop items, right?

You could have the code check if there's empty space in the inventory, and if it finds some, put the item you specify into your inventory and then "drop" the item. However, find a way to skip the dropping animation, so the packet is sent but your character can still move. This would likely appear hideous to other players, but it should do the job.

So then, the real problem would be finding a way to skip the animation. But there's also the problem of deleting things. You'd have to be able to pick things up, and have the code skip animation of picking things up and delete them from the inventory as soon as they are collected while the code is active. Also tedious. And what about then the item can't be deleted that way? E.G. a tree that must be chopped down.

That idea sounds pretty unfeasible. Whatever.

My game freezes on WiFi. I think it's because of codes that overwrite what's on the ground...can someone list for me what types of codes don't work on WiFi?

I don't think any regular code should freeze your game on WiFi. Anything that overwrites something on the ground would just show up on your screen, and not the other players'. Things like search and replace are limited online. You can replace something with a weed then pluck the weed for the other player(s) to see the effect on their screen. There are different slot modifiers online and seperate text locations for online/offline. Well anyway, I don't see how any codes that work on your game offline should freeze your game online.