Finally, “iPhoneSIMFree” has managed to fully unlock the iPhone, using software only. Ryan Block of Engadget gives us a hands-on look after the jump.

The six-man team has been working non-stop since launch day, and they’re officially the first to break Apple’s SIM locks on the iPhone with software. It’s done. Seriously. They wouldn’t tell us when and how they would release it to the public, but you can certainly bet that they’ll try to make a buck on their solution

[via engadget]