After the numerous ominous warnings last week not to update iPhone 2.0 software because "there might not be a way to ever unlock then new baseband"there is a way to jailbreak iPhone 2.0.1. Pwnage tool 2.0.2 was released early this morning by the all night working iPhone Dev Team.
At this point, it is almost no longer newsis it? the cat and mouse game goes on and on
Notes from Team Dev:
NOTE: THE UPDATE OPTION FOR CUSTOM RAMDISKS IS NOT YET SUPPORTED FOR USE WITH ITUNES, SO FOR THIS RELEASE OF PWNAGETOOL USE THE RESTORE OPTION.