As you are aware, the popular one-tap browser based jailbreak solution, JailbreakMe.com was rendered useless not so long ago. Since then, though new jailbreak solutions have come about, nothing has created as much headlines as the newly announced SHAtter exploit. SHAtter makes use of a hardware exploit that would render iDevices permanently jailbroken and hence will be a much more reliable jailbreak tool when released.
That the Chronic Dev team is working on building a reliable and easy jailbreak tool using the SHAtter exploit is not exactly news since we have been awaiting an announcement from them for sometime now. However, folks at the iPhone Dev Team have recently announced that they have been able to build a beta version of the new PwnageTool that utilizes the SHAtter exploit. A proof-of-concept video is below.
The team has however indicated that we are still sometime away from a complete solution,
Although PwnageTool was a useful first test of a full iPod 4G jailbreak via SHAtter, it’s really overkill compared to the faster tools being developed. Its main use in PwnageTool will be for those with iPhone4’s, to allow updates while preserving the baseband and ultrasn0w carrier unlock.