Version 2.4 of StatusStyle actually works a little better for me…though not perfectly yet. I was able to change my carrier logo and time text. However, I was not able to turn off the time text that I had set…I changed it to Testing and then when I turned off the Time Text it just stayed as Testing. This was last night…so, I woke up this morning and was playing with it a little more and the Time finally went back to normal….but, then I couldn’t change it back to Testing. It finally did go after a few times of respringing and resetting it. The Carrier Text seems to work fine for me though. I was able to change it to Test, change it to Brooke and turn it off with no problem. So….we are getting there, at least you are able to change the carrier logo now. StatusStyle is available through the iPod Touch Fans source. below are the screenshots.
Note: If you cannot get your Time Text to turn off (go back to stock) the developer emailed me and said that you will need to open ~Library/Preferences/com.apple.springboard.plist and set SBFakeTime to False.