With the release of the new iPhone 3G nearly a week ago, the iphone-dev team has been keeping on top of things with the upcoming release of their new jailbreaking tool for the Apple gadget.

Since the iPhone 3G's release last July 11, the team has been integrating the hardware they've received from first hand sources and have already reported some success in their initial tests. Those of you wondering what seems to be taking the team so long is the fact that they want to make sure that the soon to be released PwnageTool will be absolutely bug-free and will pose no risk to your iPhone.

When you think about it, six days isn't considered that long in this type of technology age. In addition, the iphone-dev team has always been consistent with its previous jailbreak releases with the past firmware updates. We guess this means we just have to sit tight and see what new goodies they have in store once the new software is finally rolled out.

As a final word from the dev team, they assured everyone that the much awaited jailbreak is nearly done. To give you an idea just how soon PwnageTool will be released, here's a short quote taken from their blog: "We are almost there. Those bugs are being swatted. Please fasten your seat-belts".