iPod / iPhone hacker Niacin and Dre have demonstrated to Engadget their ne v1.1.1 file system hack. Many wondered if it would come to pass, but as can be seen in the report, file system read+write access via the TIFF exploit on an iPod touch has been achieved.

The process involves loading a simple image file onto the v1.1.1 device to gain full root file system access. Bravo, guys!

Some caveats Engadget mentions:

• The release has not at this time been released to the public. Niacin claims that will happen in the near future, possibly later this morning.
• Thus far the hack isn't entirely without issues. We're still trying to determine exactly what's what, but we've lost read and write access unexpectedly. This may or may not be a problem with our machine or device, though, and not necessarily the hack.
• We did not test this method on an iPhone, but technically there should be no difference in the effect. Side note: your v1.1.1 iPhone would, at this time, need to be activated to load the TIFF. (How else are you gonna load it?) This is supposedly being worked on.