GeoHot Working On Untethered Jailbreak for iPhone 3GS?

Is GeoHot really going to work on an untethered jailbreak for the iPhone 3GS? That’s what he mentioned in a tweet yesterday.

As usual, in order to get him motivated, you have to do something in exchange. He wants you to make #dudeitsaballoon a trending topic on Twitter. I haven’t really looked into it as I don’t have much time while traveling, but it has something to do with red balloons in the sky.

Some of you may be interested in this untethered jailbreak as it is a pain the the butt to always have to plug your iPhone every time you want to reboot.

So, what are these red balloons about?