Sorry, but the news has not really changed.  The Dev Team stated that they are currently just working on the iPhone 3G soft Unlock.  So for those iPhone owners that’s great, but they have put the iPod Touch 2G jailbreak on a tragic hold. In their words:

We are not working on the iPod Touch 2G at the moment, we certainly have interest in this platform as we have mentioned before and we have done some preliminary analysis, but currently all eyes are still on the iPhone 3G.

So be patient and as The Lone Stag has emphasized: Don’t Update!

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