The iPhone Dev Team has released version 2.0 of the Pwnage tool. This tool allows you Jailbreak (add unofficial 3rd party applications) the original iPhone, the iPod Touch and now the iPhone 3G. The tool also allows you to SIM unlock the original iPhone, which allows it to be used on any GSM network. Owners of the iPhone 3G will have to wait for a future release before they are able to unlock their devices with the tool.
In summary, this release supports:
iPhone (1st Gen) with 2.0 - Activated, Unlocked & Jailbroken, (with support for third party applications).
iPod Touch with 2.0 - Activated & Jailbroken, (with support for third party applications).
iPhone (3G) with 2.0 - Activated, Jailbroken (with support for third party applications).
Submitted by jbredcar