That is a big relief for many of us but that doesn’t mean you should rush to update. As we wrote a few minutes ago, jailbreakers and unlockers should stay away from 3.1.2, at least for the time being.
There is obviously some more work for GeoHot and he notified us that there will be a delay in the release of BlackRa1n, which was initially expected to be available today.
More to come, so stay tuned!
UPDATE: BlackRain has been released. You may want to read my BlackRa1n guide & tutorial to learn how to jailbreak your iPhone or iPod Touch.