For all those who are interested to update their iPhone firmware to 3.1, they are requested to wait until Dave-Team releases a Redsn0w and Ultrasn0w which can actually unlock firmware 3.1. If you will upgrade to firmware 3.1 now then you will lose your Ultrasnow unlock forever. You wont be able to recover your baseband firmware. Up-till now feel free to unlock iPhone OS 3.0.1 Firmware which is compatible with Redsnow.
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PwnageTool - The Jailbreak Solution For Mac Users
The latest version of PwnageTool released on the 27th of December 2011is for iOS 5.0.1 and this allows users to jailbreak iPhone 3GS, iPhone 4, iPod Touch 3G and 4G and the iPad. Cydia in this release has also been updated to version 1.1.3 but there is as yet no support for jailbreaking Apple A5 devices.
The PwnageTool is only available for Mac users but iH8sn0w has brought its functionality to Windows with his jailbreak tool called Sn0wbreeze.
Related PwnageTool
sn0wbreeze Pod2g MuscleNerd I0n1cHow to Unlock iPhone OS Firmware 3.0 on Your iPhone 2G?
At last, after a two day wait, the iPhone Dev Team has finally managed to crack open the iPhone firmware 3.0 and has now released the PwnageTool to Jailbreak and Unlock the iPhone and iPod Touch. Sadly, iPhone 3G users will still have to wait till Ultrasnow is pushed to the Cydia repo so until now only iPhone 2G users will be able to Jailbreak and Unlock their device on the iPhone firmware 3.0. Also...
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