iPhone Dev Team has slipped out a little teaser video (only with an iPhone 3G unlock could a 55-second video of terminal commands be called a "teaser video," by the way) showing some talented son of a gun having his or her way with the phone's baseband. An unlock isn't publicly available just yet -- but it looks like they're getting close. Any T-Mobile USA execs wryly smiling right about now? Check the full video after the break.
[Thanks to everyone who sent this in]