Progress Report - Latest update July 6, 12:00AM
Boot Loader
We've successfully issued commands to the boot loader. So far, we've been limited to power off, but have made significant progress on issuing other commands. Some of the commands are radio commands, and this is our key to wealth and prosperity.

Unlocking
We know how to unlock the phone, so the question now is whether we can get the commands to the radio or not. We don't believe our method is the only method, but assuming that with the help of some very smart folks we can get access to the radio, the firmware should be trivial to unlock.
iPhoneInterface
We have successfully written a tool named iPhoneInterface allowing for some basic manipulation of things on the phone, and are releasing it tonight. We are including source code so you can understand the techniques we have used so far. We will be expanding the functionality of this tool significantly tomorrow. The best news is that we have prototype code that allows the ability to:
* Run any desired application already residing on the phone.
* Control what processes run on the phone (currently implementation is very hackish)
* Move files around on the phone
* Enable viewing of verbose information during the restore process
* Activate the phone without iTunes and without a token
Note: Not all of the features listed above are necessarily included in tonight's initial release.
We are continuing significant work on this tool and will probably have similarly worthwhile updates tomorrow.