Back from the dead (and going back to retirement), this is geohot's controversial jailbreak app. It is capable of jailbreaking iOS 3.2.2 (iPad), and iOS 4.0-4.1 (iPhone 3GS and later only).
I went to auction at a mom/pops video game store few months ago that was closing, and bought 11 slims for $200, 1 was DOA but 10 work fine. so hella deal. Already rgh3'ed 8 of them. But most younger kids don't even want anymore, unless it plays stupid "fortnight", or newer shit.