If you are the iPhone Dev-Team you’re going to have some problems topping your last performance — unlocking the iPhone 3G for the first time with yellowsn0w was no minor accomplisment.

Enter redsn0w. Not only is the Dev-Team remaining tight lipped about this new development, but they are being coy about it.
From the Dev-Team’s Blog:

* Well it isn’t a British Thermonuclear Device.
* It isn’t an episode from “The Twilight Zone”
* And it certainly isn’t iPhone 3G related (right now)
* There is one other device…
* It fits in your pocket..
* What can it be?

It is clearly for the second generation iTouch. One blogger notes that, “the small section of text on a chip, visible in the circular center of the [redsn0w] image, matches text found on the iPod touch 2G’s processor.”

Stay tuned for more information as it comes in.

[via redsn0w]