So those awesomely unstoppable bags of wacky known as the iPhone Dev Team, who roam through the countryside jailbreaking iPhone and iPod touch firmware, are getting set to release the first PwnageTool for jailbreaking the iPhone 2.0 firmware update that was only unleashed, oh, five days ago.

But the team announced on its blog today that the PwnageTool won't be able to unlock the iPhone 3G to run on other wireless carriers. If you have an iPhone 3G, the tool will jailbreak the handset to run unsupported apps while still maintaining App Store support. 

And the team is still working on a "baseband unlock" of the iPhone 3G, as well, so I guess someone should start a pool to see how quickly they get that accomplished. (Those cats are wicked smart, yo.) Read more about it on their bloggy blog.