These guys are fast - not too long after the iPhone 2.1 firmware was released, the iPhone Dev Team have already rolled out the PwnageTool and QuickPwn for 2.1 devices. It is important to note that this won't work if you're running on the new iPod touch 2G. In this new update, the iPhone Dev Team managed to circumvent iTunes 8 sans program patching, so you won't have to have sleepless nights about altering a core OS X program. Proceed with caution, and always make a backup before you perform upgrades of any sort.
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[Source: Ubergizmo]