iOS4 Jailbroken Already!
Not that we had any doubt this would happen, just didn’t think it would happen so fast!
iPhone Dev-Team didn’t take long to hack the iOS4 iPhones. The team released and even updated their Pwnagetool before the iPhone 4 hit the shelves.
Even thought the carrier lock is still active, this opens up the new OS to installing any number of apps outside the app store, including the popular tethering feature apps. Dev-Team gives caution to its users and obviously takes no liability in what could happen, but many have seen success with this update and are enjoying the new jail broken phones running the latest iOS4.