So the funday has finally commenced today, and if you are a fan of the iphone-dev developers (especially Musclenerd) then you have probably waited for months now just to see what does the Pwnage Tool 4.1 jailbreak really offers for you?

At this point, we have covered all the updates you need for pwnage tool. And if there’s one precautionary tip that we can give to users before using this tool, it’s that don’t try to jailbreak your already pre-jailbroken iDevice from Limera1n and Greenpois0n. Our readers are sending us tons of messages about the problems they are receiving (E.g: No 3G capability, stuck into DFU mode, etc)
For starters, the main reason why you would want to use a Pwnage Tool than those ramdisk-based JB (Greenpois0n and Limera1n) is because it lets you preserve your current baseband should you want your iPhone to be unlocked in the future using Ultrasn0w.
So far, the only device that Pwnage Tool 4.1 can’t jailbreak is the iPod Touch 2g – The rest (iPhone 4, 3G/3GS; iPod Touch 4G/3G and Apple TV 2) are all pawnable. If you don’t have the patience to wait for musclenerd to release the working version for iTouch 2G, you can try Greenpois0n for that.
Check out the full instructions on how you can install Pwnage Tool 4.1 on your device
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