If you're waiting for a jailbreak tool for the iPhone 1.1.4 firmware (and you aren't eager to hang around for the promised update to Ziphone), iNdependence 1.4 beta 5 might be for you. The latest version of the tool is built to work with the new iPhone firmware without difficulty.
iNdependence is billed as the "easy-to-use interface for jailbreak, activation, SSH installation, and ringtone/wallpaper/application installation on your iPhone." With the new beta, the SIM unlocking (gunlock) capability is rolled in. Full changelog is here.
As always, you jailbreak or unlock your device at your own risk.
Thanks to everyone who sent this in.