iPhone Dev Team Broadcast Live Demo of iPhone 3G being Unlocked using their Software Method

The iPhone Dev team who are planning to release the much awaited software method to unlock iPhone 3G on New Year's eve have just broadcasted a live demo video of an iPhone 3G being software unlocked with yellowsn0w (name of their project to unlock iPhone 3G) via Qik.
You can checkout the demo video after the break.
As you can see in the live demo, the procedure to unlock iPhone 3G appears to very simple and quick.
MuscleNerd's who gave the live demo clarified that one will not have to get their hands dirty using command line tools. It looks like they are going to be releasing their software method to unlock iPhone 3G via Cydia (which means you will need to first jailbreak your iPhone).
I will let you know as soon as it is available, so stay tuned here at iPhone Hacks.
Thanks Ameet for the tip!
[via iPhone Dev Team's blog]
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