George Hotz, the first guy to hack iPhone and even PS3, has now announced that a new working solution will jailbreak and unlock iPhone OS 3.1.3 firmware loaded devices and even iPad jailbreak. Jailbreak is a method through which the iPhone OS is made to run several applications available outside the Apple App Store. It even enables running illegal apps. The new solution will also included latest models of iPhone 3GS and iPod Touch 3G with new bootrom.
Hotz (Geohot) sent an update through his Twitter account about the video showing new solution to jailbreak iPhone OS 3.1.3 based devices. Here's what Hotz wrote on his blog:

The jailbreak is all software based, and is as simple to use as blackra1n. It is completely untethered, works on all current tethered models (ipt2, 3gs, ipt3), and will probably work on iPad too.

An untethered jailbreak means one won't have to jailbreak the iPhone OS device every time its battery dies or there's a need to reboot the device. What's surprising is Hotz's claim that his solution will also jailbreak iPad which is yet to be available in retail.

And so, the chase game of 'Cat and Mouse' between Apple and the iPhone hackers continues...

Recommend Resources:
Why Need to Jailbreak iPad - By jailbreaking, you iPad will become more powerful than ever. Want to download and use any iPad apps even if they are not available on Apple App Store? Want to customize your iPad using your favourite backgrounds, pictures, sounds? Want to call somebody or send SMS with your iPad? All these things can be done easily after iPad jaibreaking....
Source from:
http://www.jailbreak-ipad-unlock.com/