As I am writing this, iPhone-Dev team must be on its way to release it. Confirmed by a post on their blog, they are about to release the iPhone 3G unlock software. Agreed, they are a bit late but we are not complaining.
Head over to their blog and keep hitting the F5 key until you see the magical tool online.
Update 3: The team is releasing a lot of updates to the app. The app has now hit version 0.9.4.
Update 2: Crunchgear has posted a tutorial on how to liberate your iPhone.
Update: The unlock tool is out. Check their blog entry.
0.9.4 of yellowsn0w was released today.
Will it work with my iphone 3g version2.2.1 and baseband 2/30/08?
Please reply back, Thanks.
@Sal: The iPhoneDev has detailed it in their instructions.