The latest update from the famous hackers, titled “Thanksgiving with Apple”, reveals that “The best news of all is for owners of iPhone3G, older iPhone3GS, and non-MC iPod touch 2G.”

The Team explains that, “Due to a combination of our original pwnage2 exploit, the arm7_go exploit, 24kpwn, and limera1n, your device is “just as jailbreakable as ever.” You reap the full benefit of an untethered 4.2.1 jailbreak.”

However, the same thing cannot be said about owners of a new-generation device, or “more decent devices”, as the Team likes to call them.

There’s good news and bad news here as well.

For starters, the Team claims that “due to geohot’s limera1n exploit, all recent devices can be jailbroken (this will be true until Apple released new hardware that fixes geohot’s limerain exploit in the bootrom).”

On the down side (the bad news part), “the 4.2.1 jailbreak is *tethered* on all of these recent devices,” the blog post reads. These include iPhone 4, iPod touch 4th generation, and likely the iPad, since the Apple tablet is not mentioned once in the post.

The Team continues with an explanation of what the “tethered” jailbreak means. For those who need more information on this, it’s best if you just head over to the Dev Team blog and get the full scoop on the 4.2.1 jailbreak.

“In the meantime, please make sure you have your 4.1 SHSH blobs for all your devices,” the Team adds. “These will be important even for firmware beyond 4.1 (using both comex’s method and our alternative, depending on how each of them turn out.)”

A few details about a possible ultrasn0w unlock are also dished out. The hackers believe they’ll have the unlock ready later this week, as the situation is looking “very promising” at the moment.

This article has a purely informational purpose and doesn’t, in any way, suggest that you should hack your Apple device.

Using hacks may render your device unusable, or may reduce the quality of your experience employing the respective device.

If you choose to download and install jailbreak tools, you will do so at your own risk. Unlocking / jailbreaking your iPhone / iPod touch / iPad / Apple TV may violate your warranty or the EULA with Apple and / or your cellular-service provider.

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