If you are looking to jailbreak your iPhone and the most recent iNdependence beta isn't for you, you might be interested in trying out the latest version of ZiPhone. ZiPhone 2.5, which is now available for all users (not just financial donors, who were expected to get the app somewhat sooner than the rest of us) is compatible with the latest iPhone 1.1.4 firmware. Zibri recommends restoring the phone to 1.1.4, not updating, because of potential conflicts within the application cache.
The early e-mails we have received from users has been positive, but as always, jailbreak at your own risk.
Thanks to everyone who sent this in!