SlickGeek Slicker than slick.

You know it’s only a matter of time before the latest iteration of the iPhone get unlocked. The Dev-Team is packaging the app — previously codenamed “yellowsn0w” — into a user-friendly app a la PwnageTool and QuickPwn, with the release date of December 31, 2008. The requirement for the hack is that your iPhone 3G has to have 2.11.07 baseband or earlier in order for it to work. The team will stream a live demo of the unlock process before Christmas, so keep an eye out for it if you have one and interested in unlocking it.

Reportedly, Walmart will offer $197 8GB version of the iPhone 3G starting on December 28, so go grab one to play around with if you’re so inclined. It does come with the obligatory 2-year contract, however.