GeoHot, the famous creator of Blackra1n, among many other jailbreaks, is moving full force on Apple's new software. The recently released iPad was shown by GeoHot running in verbose mode, a key sign that the iPad will be 'pwned for life.' Meaning that it will always be open for 3rd party modifications.
Two days later, GeoHot released images of iPod touch and iPhone OS firmware 4.0 jailbroken, which has not even been released to the public yet (now with homescreen background images allowed by Apple.)
More details are still to be released on the jailbreak for the iPad and OS 4.0.
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