iPhone 2.0 leaked as early as this weekend?

According to sources close to iPhone Atlas, we could see a public leak of the iPhone 2.0 as early as this weekend. The update is currently officially available only to folks accepted into Apple’s $99 iPhone Developer program or who have been selected to beta test the release’s enterprise functionality.

Installation of the iPhone OS 1.2 beta generally requires a special signature from Apple, but an underground team has discovered a method for bypassing this signature and installing a modified edition of OS 1.2. This installation method requires the use of “Pwnage,” a tool that leverages an exploit found in the lower levels of the iPhone/iPod Touch bootloader. Exercising the exploit allows these devices to run unsigned code. With this capability in place, Pwnage can modify the iPhone OS 1.2 IPSW (installation file), pre-activating and pre-jailbreaking it.

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