MuscleNerd a member of the iPhone Dev-Team is now doing a live demo of the iPhone 3.0 firmware unlock.
You can watch the demo here: http://qik.com/video/1893853.
The new unlock is called UltraSn0w. We have embeded the video below; however, due to high traffic it may stutter.
[Update]: Seems the feed is down. Too much traffic? Back up but very slow.
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