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engadget.com — exclusive hands-on with the DevTeam's PwnageTool... it's out! Mac only for now

Pwnage lets you load in any firmware you want, including patched firmwares not signed by Apple -- which could lead to everything from custom software distributions to totally new OSs ported over (like, say, Android or Linux). We did what most people are probably going to do, however: we took a brand new 8GB iPhone, unlocked it, and upgraded to the 2.0 firmware, while keeping it active on T-Mobile. It's not exactly a one-click process, but it's not all that hard either -- although we kind of cheated and had Dev Team members talking us through it. Peep the vid after the break, and check the read links in few hours to get your hands on Windows and Mac versions of the tool.