Update 1 : right from the site limesn0w.com This will never be real. Media, understand it. ~geohot
Some rumors about Geohot who released the 4.1 jailbreak on saturday, rumors about an unlock for the iPhone 4 & 3GS. The unlock is suppose to support baseband 02.10.04 & 05.15.01 so this means we could see it unlock all devices all the way to 4.2.
We juse got our hands on a video showing how the phone is unlocked, but this could be a factory unlocked phone already.
But Geohot surprised everyone when he dropped his jailbreak this weekend, so who know this could in fact be real.
called limera1n. or limerain for others thanks for the tip AlphaCypher
Again follow us on twitter or facebook and i will update as the news starts to flow in.