Apple iPhone 3G about to go across the board

Apple iPhone 3G has long been on contract and Pay As You Go (PAYG) uniquely to the o2 network. However, iPhone Dev Team has just announced that they are about to let the iPhone 3G free.
The iPhone 3G is to be released from the held of o2, allowing users not having to jailbreak their smartphone anymore. The update/hack of the iPhone 3G is to be released to its owners in the UK on the 31.12.08, New years eve to be exact. However, there are some drawbacks. The iPhone must be updated to 2.11.07, so those of you who have updated, your going to have to wait. This seems promising to the iPhone 3G customers, as they are potentially ruining their warranty when jailbreaking their phones, which could in effect, mean high amounts of lost money and a broken phone to say the least.