Step 1

Well released early this morning PWNAGE 2.0.2 was released and here is a simple how-to, as detailed as I could make it.  The only step I skipped was downloading 2.0.1 FW from iTunes.  Just like every other jailbreak when you plug in your phone only download the update.  Remember where you save the update for the rest of the tutorial. Enjoy!

Download PWNAGE tool from Here.  Unzip to install.

Step 2

Open PWNAGE and select 3G.  Click the blue next arrow at the bottom.

Step 3

Wait for PWNAGE tool to discover your firmware version or search for it if not found.  Select FW version iPhone1,2_2.0.1_5B108 and click the blue next arrow.

Step 4

Select General and hit the blue next arrow.  Since we are not unlocking the phone make sure that you uncheck activate phone and hit the black back arrow.

Step 5

Next select custom packages and click the blue next arrow. Just make sure that Cydia and Installer are slected.  You can pick either or but I prefer to have both. (On a side note Installer is still in Beta so there will be many many bugs.)  After you had made your choice click the black back arrow.

Step 6

This next step is voluntery.  Click Custom Logo and click the blue next arrow.  At this point you can change your boot and restore logos to anything which you desire as long as it meets the requirements on the bottom of the screen.

Step 7

Now it is time to build your custom firmware.  Check the build button and click the blue next arrow.  Now you will be asked what you want to name your firmware and where you want to save it.  That is all up to you but I choose to save it to my desktop.

Step 8

Grab something to eat or drink while you wait out the firmware building process.

Step 9

Finish up that sandwich its time to actually do something again.  Even if you have already PWNED your phone it is always best to start from DFU mode.  There are two ways to go about this.  You can click no and follow the pretty instructions or you could click yes and put it into DFU on your own or just do a regular restore.

Step 10

Once you are in DFU mode it is time to install your custom firmware package.  To choose your firmware you are going to click alt+click.  This will bring up a window that allows you to find your custom made firmware.  Click your firmware and let iTunes run its course.

Step 11

Enjoy your new PWNED 2.0.1 iPhone 3G with Installer and Cydia.

If you have any questions feel free ask.  I will be posting a 2G how-to later on today.  It follows the same procedure but you will have the ability to unlock your phone.