MuscleNerd, member of the iPhone Dev Team has tweeted that things are not looking too good on the iPhone unlocking front.
He tweets:
MuscleNerd: Ultrasn0w unlockers should know the drill! Don’t let iTunes trick you into installing today’s 4.3 iOS. Just say no!
MuscleNerd: Sorry, there’s no news on the i4 unlock for those who lost 01.59 (or never had it). It’s taking longer than we wanted 
MuscleNerd: @Cleansman there’s no way for us to know. We were making great headway with one version til we realized it was SIM dependent (!)
MuscleNerd also notes that there are many possible sources for a untethered iOS 4.3 jailbreak. i0n1c, Comex, Charlie Miller, and possibly others.
If your iPhone 4 is rocking 1.59.xx baseband, YOU MUST NOT UPDATE to iOS 4.3 because that baseband can still be unlocked using Ultrasn0w 1.2.
Thanks
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