Free iPhone Unlock Released [Updated]

It was bound to happen. According to our pals at Gizmodo, the iPhone Dev Team has officially released "iUnlock". The software will unlock the restriction to AT&T SIM cards, allowing users to use their iPhone on any GSM network. This comes on the heels of iPhoneSIMFree's release of its $99 unlock software.
Details are sketchy at this time, but it seems that the software runs on the iPhone itself. The source code has also been released and mirrored by Gizmodo. A full tutorial is expected soon and we'll continue watching this story as it progresses and update as necessary.
[via Gizmodo]
Update 8:30PM CDT: Engadget has posted some rudimentary instructions on using the unlock software:
- Make sure you have firmware v1.0.2
- Drop those three files on your iPhone (and possibly chmod 555 iUnlock)
- Stop the comm center (launchctl unload -w /System/Library/LaunchDaemons/com.apple.CommCenter.plist)
- Run ./iUnlock ICE03.14.08_G.fls nor
- Watch your iPhone get unlocked?? (About 20 minutes, supposedly)
- Minicom into the tty.baseband
minicom -s
setup modem as /dev/tty.baseband
type:
AT S7=45 S0=0 L1 V1 X4 &c1 E1 Q0 [enter]
AT+CLCK="PN",0,"00000000" [enter]
AT+CLCK="PN",2 [enter]
(If you cant write in the minicom, start commcenter again and stop it again) - Run /bin/launchctl load /System/Library/LaunchDaemons/com.apple.CommCenter.plist
- AGAIN: we CANNOT confirm this is the correct method to use iUnlock! Just what we've gleaned from the internets, do not consider this a guide.
Update 8:45PM CDT: Unlock.no has posted written up an in-depth guide on unlocking your iPhone.
Update 12:00AM CDT: I can confirm that this method does totally work. I used the guide from iphone.unlock.no

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A more complete unlock guide
http://iphone.unlock.no/
http://iphone.unlock.no/
sooner or later
Apple actually dared the world
Apple actually dared the world