Please do not upgrade your firmware to 2.0 - Warning

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iPhone 2.0 will be released later today, I guess. Please do not upgrade to this . You iPhone might be permanently bricked. Please read what bigboss has to say:

DO NOT UPGRADE!

At this point, you can expect 2.0 to be locked and jailed. This means you will only be able to use contract carriers such as AT&T. You will not be able to unlock. The upgrade process will likely be a one-way trip for now also. This means if you “accidentally” upgrade, you will not be able to go back (for now).

Jailbreak: 2.0 may not be jailbroken anytime soon. But even if it is, you will still stand to lose a lot (read further). For now, let’s assume it is not jailbroken and that means you are stuck with whatever Apple and AppStore provides you.

I already upgraded. What now? You can downgrade to 1.1.4 and bootneuter using the new baseband with 1.1.4.

[via - bigboss]

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iPhone Dev Team's Pwnage Tool

iPhone 3G & 2.0 firmware has been successfully unlocked Update 1: Just to clear up some confusion over what this actually does: yes, it jailbreaks and unlocks older iPhones, and jailbreaks iPhone 3Gs and iPod Touches. We only support the 2.0 firmwares.
Update 2: It looks like there aren’t enough TCP ports on that server, so _BigBoss_ has generously offered to mirror it.
Update 3: If you get Error 1600 from iTunes (or if you see in your log a failure to prepare x12220000_4_Recovery.ipsw), try: mkdir “~/Library/iTunes/Device Support” ; if that directory already exists, remove any files in it. Then re-run PwnageTool. . [know more about iPhoneDevTeam... click here]