iPhone 3G Jailbroken

The iPhone Dev Team has once again finished unlocking and jailbreaking the iPhone OS 2.0 just five days after it was released.

The team’s Pwnage jailbreak tool will allow you to install video recording applications, and even game emulators. Plus Pwnage supports the classic iPhone, the iPod touch, and the iPhone 3G. See their video demonstration below:

The tool has not yet been released.