Yeah! Spirit jailbreak for iOS 4 on iPhone 4 is coming soon. Planetbeing is reporting that he is the first one who rooted iPhone 4 using Comex 's Spirit jailbreak code. Comex might have tested his code on iPhone 4 himself but unfortunately he don't have an iPhone 4 yet.
MuscleNerd who happens to be a team member of iPhone Dev Team recently tweeted a high-resolution screenshot of Cydia running on iPhone 4 confirming that Comex's Spirit code can jailbreak iPhone 4 (untethered). Later he tweeted another screenshot of iPhone 4 in which he showed the full root access of iPhone 4.
Apple have plans to release an update for iOS 4 in the upcoming week i-e iOS 4.0.1 which may fix the signal reception issue of iPhone 4. Most probably iPhone Dev Team will releasing an updated Spirit jailbreak tool after iOS 4.0.1 release which will jailbreak (untethered) iPhone 4, iPhone 3GS (new bootrom), iPod Touch (MC models) and iPod Touch 3G.
In the mean, you may check our guides on jailbreaking and unlocking iOS 4. iPhone iOS 4 can be jailbreaked with 3 existing tools i-e Redsn0w 0.9.5b5-4, Sn0wBreeze 1.6.1 and PwnageTool 4.01. Ultrasn0w 0.93 can unlock iPhone 3G / 3GS with baseband 04.26.08, 05.11.07, 05.12.01 and latest 05.13.04.
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