The iPhone-Dev team posted a blog update about 3 hours ago explaining that they have begun experimenting on them. They don’t have any updates about the device, except that it could bring us insight on upcoming iPhones. Read inside for the whole entry and a screenshot by the Dev-Team. » Dev-Team has begun experimenting on the iPod Touch 2G

The iPhoneDev Team have released version 2.0.1 of their brand new PwnageTool that supports the 2.0 firmware. I will post the bug fixes from their blog. » PwnageTool 2.0.1 released; a few bug fixes.