iPhone Unlocked by George Hotz !!

George Hotz or geohot going by his net moniker, has broke news about his team's ability to unlock the iPhone fully. Though its a hardware unlock currently, he has promised a software unlock in a week. Following is what he said on his site:

" Yes thats right, we have an unlocked iPhone. The hardware is only used to unlock the iPhone, and can be removed after it's unlocked. Thanks to gray, iProof, geohot, dinopio, lazyc0der, and an anonymous contributor for making this possible. Thanks also to everyone who donated and stuck with us in #iphone.unlock. Our group has agreed to release the method in one week. The current method involves taking apart your phone and doing some complicated soldering, with a high probablity of a bricked phone. Although after the phone is unlocked all the hardware can be removed. We hope to find a software unlock very soon. So in one week exactly from this blog post(thats less than the time it takes to ship a turbosim) we will release simple step by step instructions for unlocking, probably not even involving hardware. Sorry about the wait, but I assure you it will be worth it."

The best that has come up for dear old George is an offer for internship with Google he said, next summer. Good job!