iOS4 For iPhone 3G And iPod Touch Gets redsn0w Hack
iOS4 is out for the iPhone 3GS, 3G and second-gen iPod touch, but what about your precious hacktivation or jailbreak? The iPhone Dev Team have been working like busy beavers to update their redsn0w tool to handle iOS4, and have just pushed out a new beta, redsn0w 0.9.5b5-3, that can hacktivate an iOS4-running iPhone 3G as well as jailbreak both that handset and the iPod touch 2G.
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That means that iPhone 3GS owners are still out of luck if they want to run iOS4 and also have a hacked device, so the advice from the Dev Team is to hold off and don't update to the new OS version. An updated version that can deal with the 3GS is apparently coming "soon", so hopefully you won't have to deal with 3.1.3 for too much longer.