If you were betting on the iPhone 2.2 firmware gettin’ the jailbreak treatment within a day, it’s time to go collect. If you were betting against it, you obviously need to spend more time reading MobileCrunch. Yep – the iPhone dev team has done it again.

This jailbreak carries a few more precautions than normal – 2.2 fixes an issue in the baseband, blocking off an exploit the iPhone dev team was working on utilizing to unlock the device. They’ve figured out how to get you the goods from 2.2 without modifying the baseband, but tread lightly to make sure you’re picking the right options.

For the download links, head over here.