Quite a few people have been asking GeoHot, the developer of the blackra1n jailbreak, if he is going to look into an unlock… his answer is always a resounding, “No.

Tweets:

However, GeoHot has recently decided to look into an unlock for the 05.11.07 baseband. It seems that Jody Sanders, better known as the guy that sells the Dev-Teams unlocks, has offered GeoHot $10,000 to release the unlock.

If GeoHot does find an exploit for the unlock, it will be released to the community for free however, Sanders will continue to sell support for the the unlock to his customers.

According to GeoHot it should only take him a day or so to find the exploit. He started the search at 10:00pm EST last night.

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So far, he still hasn’t found an exploit and is running out of places to look. We will just have to wait and see if he is able to find one!