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Earlier today, iPhoneFAQ reported on the delayed release of the highly anticipated iPhone tool named "Pwnage", which was supposedly poised to bring about a new era in iPhone hacking/jailbreaking/whathaveyou tools. However, according to a recent press release published on the iPhone DevTeam's website, not only will Pwnage not be released, but the iPhone DevTeam has ceased all activity in the iPhone development community -- both a result of a buyout offer from an unnamed source.

Unlike other jailbreak solutions, which require users to restore and re-jailbreak and/or unlock their iPhones with each subsequent iPhone firmware release, Pwnage was touted to allow an individual to modify their iPhone only once with Pwnage, then subsequently perform normal iTunes updates while keeping the iPhone in a jailbroken/open state. As mentioned above, the release of Pwnage was expected over the weekend, but failed to come. The iPhone DevTeam updated their website on March 30th indicating tha the release of Pwnage would be delayed, but would be coming "sometime this week".

As it turns out, Pwnage will not be released. Earlier today, the iPhone DevTeam updated their website with a press release which indicates that the team will no

The highly anticipated iPhone hacking/unlocking/jailbreaking/and more tool, Pwnage, scheduled for release yesterday by the iPhone Dev Team, has been delayed. According to the Dev Team, the release has been delayed in order to clarify potential legal issues with the release.

One of the readers of TUAW (The Unofficial Apple Weblog) recently sent in what is believed to be the first set of screenshots of the new iPhone App Store. The App Store is an iPhone application showase/marketplace built into the new (currently development beta) iPhone firmware.

Users who previously tried to load the iPhone App Store on their iPhones were met with a "cannot connect" message. Sometime recently, this changed is allowing access to the App Store which now includes a few applications.

Below are a couple of the screenshots which were leaked. One of the screenshots shows a native Facebook application for the iPhone.

After denying countless developer applications for entrace into the iPhone Developers Program last week, Apple has begun accepting applications and allow developers to begin using iPhones to test software developed with the beta iPhone SDK. However, the good news isn't all good news. According to a new article on iPhoneAtlas, Apple has added what is, in short, a self-destruct mode to developer iPhones should a developer fail to comply with terms of the SDK.

As part of the agreement developers make when using an iPhone for development purposes, once a phone is used for iPhone development - it must always be used for iPhone development, at least until

We always enjoy keeping our readers up-to-date on the latest in third party applications available for the iPhone, especially when they are this darn good. Yesterday, a new application named GeoPedia was released. GeoPedia takes advantage of geographic positioning functionality, like those introduced in iPhone firmware 1.1.3, and provides iPhone owners with a Wikipedia feed customized to their current location.

Once installed, one need only launch GeoPedia on their iPhone to receive a iPhone stylized interface featuring a list of Wikipedia articles relevant to the phone's location. Check out the sample screen shot below for an example of GeoPedia's interface.