Many have been waiting for this and it is finally here. The iPhone 3G has been unlocked and will be released soon.

The Dev Team has also announced that sometime before Christmas there will be a live demo of the unlock streamed over Qik. The stream will be announced via Twitter as it begins.

We have been working hard on a few other things. The main one being the 3G unlock codenamed “yellowsn0w”. This is now completed and is currently being packaged into a user-friendly application with the simplicity that you see in QuickPwn or BootNeuter.

Dev-Team Blog – ‘Tis the Season to be Jolly! – yellowsn0w.