Great news! It looks like the same exploit used to jailbreak the 2nd Gen iPod Touch will work on the the new iPhone 3GS. No date on when it will be released but now that we know it can be jailbroke it shouldn’t be too much longer. Here’s what the Dev Team has to say:
About 5 hours ago (Thursday evening, less than a week after the 3GS launch), we were able to verify that the 24Kpwn exploit that the hybrid team used on the iPod Touch 2G is still applicable to the bootrom of the iPhone 3GS. That means we can use the same sort of technique used by our current redsn0w tool to jailbreak and unlock the iPhone 3GS.
This is great news, but how did it happen? Why didn’t Apple fix this in their normal cat&mouse fashion? Well it seems this bootrom was cut in about the August 2008 timeframe, so the unintended early reveal of 24Kpwn earlier this year didn’t affect the iPhone 3GS.
You can read more at their website at blog.iphone-dev.org