A new method that relies on iPhoneSIMFree to restore your seczone (revirginizes your iPhone) appeared yesterday or the day before (I'm not too sure :) ). It uses an emulated server so you don't need to possess an iPhoneSIMFree license. If you're impatient and want to test it out, note that
- Your ltoken/seczone are being saved to this server.
- These could contain personal information.
- This is a test server, and will be taken down and have all the info deleted this Monday.
- The source of the server will be released then.
- This probably only works for Windows.
So if you're willing to wait till Monday, you can host it yourself when everything gets released. Edit: Source's out. That way you won't need to worry about bugs, if any, or where your personal info is going. :) Otherwise, if you're waiting for the iPhone Dev Team's one-click revirginizer, it may be out next week.
Once you got your iPhone revirginized, see The 100% WORKING guide to unlock 1.1.1 (windows) @ Hackint0sh to get it unlocked as well (multiple SIM and YouTube works). After all, unlocking your iPhone is the whole point of revirginizing. ;)
Edit: If you have an Out Of The Box 1.1.1 iPhone, this unlocking guide is for Macs - Full Unlock OOB 1.1.1 using a mac (NOW BULLET PROOF) @ Hackint0sh.
And yes, people have tried out both (revirginizer and unlock) and are happily reporting that they work.
Edit: Btw iNdependence 1.2.4 is out in case you didn't know.