RedSn0w, the ever-reliable jailbreak solution for iPhone users has been updated to include iPhone 3G and iPhone 2G models for their latest iOS 4.1 version. The latest update does not make use of any unknown exploit and is hence not a major one. Nevertheless, if you are an iPhone 3G or 2G user like me, you can finally get back to a jailbroken iOS handset.
The developers note that the tool only works on Mac OS X systems and hence if you are a Windows user, you will have to wait for some more time. Also, if you have also unlocked your iPhone using UltraSn0w, you may have to skip this latest release and instead wait for PwnageTool to continue using an unlocked phone.