If you remember we had reported that ultrasn0w to unlock iPhone 4 is all set to release in next 48 hours, the time frame is about to get over and Ultrasn0w 1.0-1 is getting its final shape. A tweet from Cpich3g member of iphone dev team concludes that Ultrasn0w testing is successfully over and will be released any time soon on Cydia.
From the first Ultrasn0w 1.0-1 screenshot it is clear that it can unlock iPhone 4 Baseband 01.59.00 and iPhone 3G/3GS 04.26.08(3.1.1), 05.11.07(3.1.2), 05.12.01(3.1.3) & 05.13.04 (iOS 4.0/4.0.1). Meaning you will be able to unlock any firmware from 3.1.1 to 4.0.1.

It’s important that you save iPhone 3G/3GS & iPhone 4 4.0.1 SHSH Blobs, since JailbreakMe userland jailbreak will be blocked by Apple with new iOS update any time soon. Via Mobile-Geeks
Ultrasn0w 1.0-1 image was found in Hashim Sherif’s Photobucket album (deleted now).
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