Today the iPhone Dev team announced version 2.0.1 of their Pwnage Tool that allows users to activate and jailbreak iPhone devices (and unlocks 1st gen. devices).

This is a bugfix release that addresses some issues that users discovered.

It auto-finds the bl39 and bl46 files better, if they’re on your computer

It creates the ~/Library/iTunes/Device Support/ folder if not present, which should help with some 1600 errors people have been having.

Many people have reported the PwnageTool not starting up at all (the icon never stops bouncing). This issue should be resolved now.

The Sparkle AppCast URL is fixed in this version, so automatic updates should work for future releases.

Because of the last of the issues mentioned above it is highly recommended for all users to grab the new release in order to stay up-to-date with the builtin auto update mechanism.

There are several mirror sites available to provide the download. So go and grab yours now.