Stevesy (Jobs, not Zissou) is certainly not going to like this. iPhone hacker extraordinaire George Hotz aka geohot has just teased the iPhone community with a 68 second video showing off a new untethered jailbreak. Here’s his statement:

The jailbreak is all software based, and is as simple to use as blackra1n. It is completely untethered, works on all current tethered models [iPod touch G2, iPhone 3GS, iPod touch G3], and will probably work on iPad too.

Click on through to check out a video demo.

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