Sn0wbreeze 1.7 for 4.0 (for Windows) has been released. This release supports iPhone 3GS (old and new bootrom), iPhone 3GS, iPod touch 2G (MC and non-MC models), and iPod touch 3G. Though iPhone 3GS (new bootrom), iPod touch 2G (MC models) and iPod touch 3G will have to be either on 3.1.2 firmware, or will need to have their SHSH blobs saved for iOS 3.1.2 in order to successfully jailbreak these devices on iOS 4. Also the jailbreak for iPhone 3GS (new bootrom), iPod touch 2G (MC models) and iPod touch 3G on iOS 4 will be tethered, which means whenever you turn off your phone, you will need to re-connect it to a computer to be able to turn it back on.
There is a new video going around in the wild which shows iPhone 3GS (with new bootrom) on iOS 4 jaibroken using an upcoming version of Sn0wbreeze. This video has been confirmed by iH8sn0w - the developer behind popular iPhone jailbreak tools such as sn0wbreeze for iPhone 3.1.3 / 4.0, f0recast and BlackBreeze as legit.
Sn0wbreeze 1.6 has been released. This is by the same developer who is behind other popular iPhone jailbreak tools such as sn0wbreeze for iPhone 3.1.3, f0recast and BlackBreeze. Just like the PwnageTool for Mac, Sn0wbreeze 1.6 can jailbreak iPhone 3GS (old bootrom, and already pwned on 3.1.2 with anything other than Spirit), iPhone 3G and iPod touch 2G (non MC model).
iH8sn0w’s Sn0wbreeze 1.6 is almost ready for primetime use. He will release it in a day or two. For those of you who don't know, Sn0wbreeze 1.6 is by the same developer who is behind other popular iPhone jailbreak tools such as sn0wbreeze for iPhone 3.1.3, f0recast and BlackBreeze.