While the iPhone is hailed as one of the coolest gadgets in recent memory, enthusiasm for the device was significantly dampened by the fact that in order to use it, you were forced to go with AT&T Wireless as your cell provider. This was a problem because AT&T is notorious for poor customer support, limited coverage in many regions, and a very slow data network with the EDGE system. Even those who were willing to overlook AT&Ts problems were kept from making the switch since other carriers often have a hefty service cancelation fee. I know I wasn't willing to pay $600 for a phone AND $175 to drop my Verizon service.
Fortunately, since the launch of the iPhone, people have been very hard at work attempting to hack the device and decouple it from AT&T, allowing users to connect to any network they choose. Last week that became a reality when a 17 year old announced he had successfully created a software hack for the iPhone. Now, while AT&T and Apple are doing their best to block the release of the unlock software, Engadget was able to try out the unlock process and has a detailed write-up and video of the process.
If the software is ever allowed to be released, there could be a hefty upswing in iPhone sales, and the rest of us who lust after the device may get a chance at owning one.