It looks like those anxious to really crack into their iPhones won't have to wait much longer. The DevTeam announced yesterday that PwnageTool 2.0.2 will be released very soon. Like, I'm talking today soon. 

The only thing holding up the release now for the guys over at RipDev to finish up their beta of Installer 4. Plus, the DevTeam needs to make a few tweaks here and there to ensure 2.0.2 works well with the beta. That way, you can download both in one convenient package. 

If you're thinking about downloading this when it's released, you might be interested in knowing it will contain an updated version of Cydia. The DevTeam does provide those thinking about unlocking their phones in the future with a warning, however: 

If you care about the possibility of a GSM/3G unlock in the future (there is no unlock available as yet), do not update your 3G device with iTunes unless you do it via PwnageTool 2.0.2 (this means you’ll need to create a custom .ipsw with PwnageTool 2.0.2 and install it using iTunes) - If you have updated over the last few days with iTunes, you’ll still be able to Jailbreak using PwnageTool 2.0.2 but it may reduce the chance of you being able to unlock the Phone to be able to use a SIM card from all carriers in the future.

Update: Looks like the DevTeam are uploading the new PwnageTool to their servers as we speak. 

[via blog.iphone-dev.org]