iOS 4.1 for iPhone and iPod Touch was released earlier today (iOS 4.1 Direct Download Links) and it looks like the jailbreak for iOS 4.1 might take longer than usual. According to some Twitter updates from the Dev Team, an exploit for iOS 4.0.1 was found found when 4.1 went live.
Crazy timing that @pod2g got latest exploit just as 4.1 went public (lots of work left…keep away from 4.1 for now!)
A concrete jailbreak for iPhone or Unlock for iPhone is not yet available and the Dev Team even went ahead and posted about the iOS 4.1 update being a trap to possibly permanently get rid of jailbreaks and unlocks, you can read the post here.
There is no release date available on the iOS 4.1 jailbreak, however, considering that iOS 4.1 beta versions were already jailbroken, it might come out sooner than expected.
We will keep an eye for updates from the Dev team on new jailbreaks/unlocks for iPhone and iPod Touch running iOS 4.1. Stay tuned.