The iPhone Dev-Team has published a video demonstrating the upcoming SHAtter jailbreak for iOS 4.1.

The exploit (and payload) was developed by @pod2g a few months after @p0sixninja of the Chronic Dev Team discovered the crash. That team is hard at work bringing you a brand new tool to make use of the exploit. It’s not the sort of thing that can be developed overnight so please be patient while waiting for any announcements from them.

In the meantime, we’ve put @pod2g’s exploit into a beta version of PwnageTool to test the waters. The SHAtter exploit was enough to convince the iPod touch 4G to restore to our custom IPSW. The successful result is shown below!

Although PwnageTool was a useful first test of a full iPod 4G jailbreak via SHAtter, it’s really overkill compared to the faster tools being developed. Its main use in PwnageTool will be for those with iPhone4’s, to allow updates while preserving the baseband and ultrasn0w carrier unlock. In any event, this is another exciting time for iPhone and iPod touch users…the cat and mouse game continues!

The PwnageTool beta is for internal testing only. You can take a look at the video demonstration below...

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