The infamous iPhone hacker George Hotz (aka Geohot) is in France these days, taking part in Nuit Du Hack conference which is currently being held in Paris. During his presentation at the conference, he mentioned that he has found a new bootrom exploit, which can ultimately pwn all iPhones for life, including the yet to be released iPhone 4. He has named this exploit as “pwned4life”.
In a reply to a tweet, MuscleNerd of iPhone Dev Team has confirmed that iOS 4 (formerly iPhone OS 4) is confirmed to be unlockable, and probably so is the yet to be released iPhone 4. What they have actually got this time around is a new exploit for the latest 05.12.01 / 05.13.04 basebands, which they have been saving for months for a major new update - the time for which has now come.
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