The new jailbreak "blackra1n" by geohot has just been released and it works on iPhone 1G, 2G, 3G, 3GS and iPod Touch 1G, 2G, 3G.
PLEASE NOTE:
- It requires the 3.1.2 jailbreak that will update your baseband so DO NOT use this jailbreak right now if you plan on unlocking your iPhone!
- Blackra1n does not hacktivate.
- 3G iPod Touch users must re-run blackra1n at every boot (tethered).
- The jailbreak is only for Windows, and does work on the new Windows 7.
Super Quick Instructions:
1. Update or Restore to 3.1.2 in iTunes
2. Launch blackra1n
3. Press "make it ra1n"
4. Finished!