Eight days after the official launch of the 3G iPhone, iPhoneDev Team have released their jailbreak tool, Pwnage 2.0, for the iPhone OS 2.0.

According to the iPhoneDev blog, Pwnage 2.0 enables iPhone and iPod touch users to jailbreak their devices’ software.

Although it “jailbreaks” the new iPhone - meaning it allows it to use programs not authorized by Apple - it does not yet “unlock” it to run on unauthorized cellular networks.

The Pwnage 2.0 is available for download here. Jailbreak your iPhone at your own risk as Apple has already launch the App Store with 550 new, free or very cheap, iPhone or iPod Touch-compatible programs.

Below is a video clip of their Pwnage tool 2.0 in action:

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iPhone 2.0 update is now ready for download via iTunes 7.7

Sync your iPhone to iTunes 7.7 and click on the update button where it says “Version”.

Keep clicking the update button over and over again and you will get to download iPhone 2.0 software update.

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Apple has just released iTunes 7.7, a day before the iPhone 3G and iPhone 2.0 software are due to appear.

This latest version of iTunes is required for the iPhone 3G, Firmware 2.0, App Store and MobileMe.

According to Apple, a whole lot of 500 applications have been pushed to App Store in which 25% of the apps are free while 90% of the rest cost no more than $9.99.

Download iTunes 7.7 now

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