The new 2.0 version of Apple iPhone's software lets you download and install applications from the iTunes Store. However, a lot of applications you will probably want doesn't exist there. C-Net will show you how to jailbreak the new Apple iPhone in this video tutorial. The way to do this with a PC is different, so this is mainly for Mac users. You will need to download the PwnageTool 2.0. Just imagine, you can have two application stores on your iPhone when you jailbreak the latest iPhone firmware.