So let's see, how long has iOS 4.1 been out in the open for public consumption? We make it less than 24 hours, yet already some earnest jail busters have managed to liberate it from Apple's control freak clutches. It's still a fair distance away from an easily executable jailbreak, but it's looking like it'll work on iPhone 4, the latest-gen iPod touch, and the iPad, covering all the freshest bases of Apple hardware. Now it's just a matter of waiting it out.

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iOS 4.1 jailbreak on the way after bootrom exploit discovery