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German software developer Armin Heinrich is perplexed why his application, "I am Rich", was removed from the iPhone AppStore without warning or communication from Apple. The application showed up recently in the AppStore's Lifestyle section, priced at $999.99 -- the highest price allowed by Apple for an iPhone application. Naturally, you're wondering what "I am Rich" does for nearly a thousand dollars, no? Well, once you've shelled out your grand, installed, and launched the application -- you get a picture of a ruby on your screen. That's it.

Somehow, 8 individuals were dumb/clumsy enough to have purchased the application before Apple could

The announcement regarding the new version (2.0.2) of the iPhone Pwnage tool, which is presumably just hours away, brought with it the news that it would not contain an unlock for the new iPhone 3G. The DevTeam, however, has indicated they are still hard at work on developing an unlock for the new iPhone's 3G/GSM baseband and given their long record of success, one can only assume it is only a matter of time before the 3G unlock arrives.

According to a post on the "unofficial, official" blog of the iPhone DevTeam, the latest version of their jailbreaking and unlock tool Pwnage is due to be released sometime today. Though the post did not specify when the release would occur, it did state that the new version of Pwnage is "undergoing final checks and will be packaged, signed and should be uploaded within the next few hours." The post also indicated that individuals could "count on it being released sometime on Thursday" (8/7).

The new version of the Pwnage tool will provide iPhone owners with the ability to jailbreak the latest release of iPhone firmware, a bug fix release made available earlier this week. Though the official stated reason for the iPhone OS 2.0.1 update was "bug fixes", it also rendered ineffective previously released tools that were able to effectively jailbreak phones running iPhone OS 2.0.

Unfortunately, the new version of Pwnage still does not offer

Apple recently released iPhone OS 2.0.1 to fix some troublesome bugs in the initial OS 2 release that have been negatively affecting the performance of many an iPhone. The new firmware has brought relief to countless users who were being nagged by persistent issues with lag and slow performance (i.e. keyboard lag). You can visit iPhoneFAQ's news article on the release for a full list of known bug fixes in iPhone OS 2.0.1.

Apple has released their latest version of the iPhone operating system/firmware, version 2.0.1. Although the introduction of OS 2.0 has ushered in a whole new era of the "iPhone experience", thanks to the addition of major new features like the iPhone AppStore and widely expanded enterprise support, it also brought with it a handful of bugs which have negatively affected many a user.

This latest OS release is aimed at eliminating those bugs. In typical Apple fashion, however, just what bugs were fixed is somewhat up in the air. Apple's official release notes for 2.0.1 specify only that "bug fixes" were included, without specifically referring to anything.

Initial rumors, upon release of the new firmware, that speculated the only purpose of the release was to nullify newly released