The iPhone Dev Team has a video up showing exactly what their PwnageTool 2.0 looks like. You know, the tool that unlocks iPhone 2.0. Check back in a couple minutes to see the video. This works in both the original iPhone and the iPhone 3G on both 1.1.4 and 2.0 firmware. Woohoo, unlocked iPhones! UPDATE: Video up after the jump.

Homepage:
http://blog.iphone-dev.org/