Given the information here and in this comment here, I think I might jailbreak my iPhone soon.
I still need to do a little more research. I don’t yet understand the process of updating firmware once you’ve jailbroken a phone. I assume that the safest way to update is to restore the iPhone to factory condition and then update firmware. Then you can jailbreak it again if you want.
I also need to go figure out specifically what I would install on a jailbroken phone. Make sure it’s worth it ;)
And I need to figure out whether I should use iNdependence or ZiPhone.
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Let me know how it goes. I am researching the exact same thing.
The only thing keeping me from taking the plunge is figuring out if I can restore the original Apple settings it I should get in “over my head”.