iPhone 1.1.1 Jailbreak (hack)

The iPhone/iTouch Dev guys have been hard at work for weeks and have finally managed to jailbreak 1.1.1. Right now, they’re nowhere near releasing a general-use tool but the first steps have been made.
So what does this jailbreak mean?

• Third Party apps run. Kind of. We probably have to recompile many of them for the new frameworks because many of them crash.

• Springboard no longer recognizes DisplayOrder.plist. And the list of “whitelisted” apps (that is, the official Applications including Safari, Photos, Calendar, etc) seems to be hard-coded into Springboard.app

• The iPhone has been activated via third-party workarounds.

• The 1.1.1 binaries barely work with 1.0.2 — at least not well enough to run the music store without major hacking.

• The Mobile Terminal App works on 1.1.1.

• The entire bsd suite still works — as do standard command-line utilities compiled for ARM.

• 1.1.1 references both com.apple.mobile.radio and com.apple.mobile.nike.

The jailbreak method is nowhere near ready for prime time. So please be patient

Source : TUAW