That being said, it does not look like he will be releasing the jailbreak software anytime soon.
Says Geohot: "Got one of these in the mail today and figured I'd give it a shot.
As far as a release goes, it probably won't happen from me. limera1n is little more than a raindrop on a website; it was never mentioned by me previous to this post. pwned4life is a complete invention of some blogger in a basement somewhere. When I said pwned for life, I was referring to the original iPhone, 3G, and Touch; which of course are, by the aptly named PwnageTool.
Again, please don't ask for release dates. Every person that does makes me want to release a little bit less."
For those with the new device, and in need of a jailbreak, your best bet is waiting on Comex’s Spirit tool, which should be released once the iOS 4.0.1 is launched.