This is what MuscleNerd said tonight about the unlock solution for the iPhone 4. I guess many of you were expecting this announcement so the "waiting" continues until the Dev Team solves all the problems.
The untethered jailbreak solution could come from several sources, but for now no one has something 100% functional ready.
The baseband downgrade solution for iPhone 3G/3GS will be available only after the iPhone 4 unlock solution.
