Remember we’ve been telling you the guys from Dev Team have already managed to put their hands on the next iPhone firmware 2.0 and jailbreak it? Turns out their plans are far beyond our expectations, as the members of “The iPhone DevTeam” has demonstrated the “Pwnage Tool”, yesterday in Moscow. The Pwnage is a new application, allowing you to jailbreak, activate and unlock all current and future iphone firmwares and patch the stock bootloader so that it will allow any third party to modify the iphone and custom application installation, baseband modification, phone graphics etc. The application tool works automatically with OTB 1.1.3 or 1.1.4 iPhones and the process is very fast. Launch is set for today, currently for MacOS users. Check out the video after the break.

Update: It’s out and available for Mac users here. Windows version will be coming soon after.

[via Dev Team]

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