Within few days of Geohot’s Blackra1n, a much more elegant jailbreaking solution for the iPhone and iPod Touch is now released – Pwnage 3.1.4 for Mac (Download it here). This time around, users don’t have to fiddle around with DFU mode like they did with the last iteration of this tool.
All you have to do is create the custom firmware and Option-Restore (Mac) / Shift-Restore (Windows) the custom firmware in iTunes!
Those of you who want the custom firmware, download them here!

Redsn0w is a revolutionary way to jailbreak, activate, unlock an array of Apple’s devices based on iPhone 3.0 firmware. Devices like iPhone 2G, iPhone 3G, iPhone 3GS, iPod Touch 1G/2G can easily be jailbroken, activated and unlocked (iPhone 2G – Automatic, iPhone 3G – Manually via Cydia & Ultrasn0w).
If you don’t want to go through the following steps and you just want the real deal, follow this guide rather wherein you can download the custom firmware file which should do the job for you!
The tool itself is so neatly packaged …

UPDATE : A new version of custom firmware 3.1 for iPhone 2G/3G/3GS is now available here!
Free your iPhone 3G 3.0 from Apple’s chain by jailbreaking your iPhone which provides you with various customization features and even unlock feature which Apple and your official carrier hate! There are various options available to achieve this level of customization on your iPhone such as download firmware files, bootloader files, jailbreak/unlock tools such as Redsn0w/Pwnage or QuickPwn.

If you are not the one to download all the various files and just want the ultimate result, …