Geohot: Pwn Any iPhone for Life with Pwned4Life [Video]

Its been a while since we heard from Geohot (George Hotz), who is one of the most famous iPhone hackers. The last time we heard something interesting from Geohot was that he is not developing jailbreak at the moment, and that he has other important stuff to do.
Now, at Nuit Du Hack in Paris, France, he came back with a bang. Geohot announced there that he has found a new bootrom exploit, which is capable to pwn all iPhone models for lifetime, including iPhone 4 as well.
This new exploit is named as Pwned4Life, and it sounds like the next big thing.
Here is the video where Geohot tells about Pwned4Loife:
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