Update to iPhone OS 3.1.2

Do not update to iPhone OS 3.1.2 if it was opened in firmware 3.1. Wait and open new jailbreaking tools before upgrading your device or you may lose the ability to jailbreak or unlock your device in the future. You have been warned!
UPDATE 1: PwnageTool 3.1.4 has been published that can Jailbreak iPhone 3.1.2 baseband intact in accordance with 04.26.08. Complete step by step for jailbreaking Mac OS X can be found here and for Windows here. IPhone Unlock Guide and 3 G 3GS at firmware 3.1.2 can be found here. If you do not care about the release and just want to jailbreak your iPhone to 3.1.2, you can also follow the alternative instructions issued in blackra1n jailbreak your iPhone with in just 30 seconds.
UPDATE 2: Follow the Step by Step Guide, which is published here to enable the iPhone 3.1.2 firmware maniac.

Update 3: iPhone firmware 3.1.3 has been released and can be downloaded from here. iPhone and iPod touch 2G G 1 / 2 G (old model) can be jailbroken and open (2G iPhone only) in the latest iPhone firmware 3.1.3. Follow the step-by-step guide published here or here to jailbreak or unlock the 2G iPhone and iPod touch here 1 G / 2 G firmware 3.1.3.
UPDATE 4: Redsn0w 0.9.4 live! Download links and instructions for jailbreaking can be found here.
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Download link for iPhone OS 3.1.2 firmware are as follows:
Download iPhone OS 3.1.2 for iPhone 2G
http://appldnld.apple.com.edgesuite.net/content.info.apple.com/iPhone/061-7268.20091008.32pNe/iPhone1,1_3.1.2_7D11_Restore.ipsw

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