After several days of keeping mum on Apple’s new iOS 4.0.2 firmware which plugs the hole used by the JailbreakMe site, the iPhone Dev Team has finally issued a state on whether or not they’ll be unveiling a new jailbreak to hack this particular iOS firmware. Their answer is, unfortunately, no. While this may disappoint those who bought an iPhone 4 with iOS 4.0.2 preinstalled already, they do have some valid reasons in choosing to forego this iPhone firmware version.For starters, iOS 4.0.2 is just a minor update, and as for the PDF exploit this firmware aims to address, there’s already a fix for that available in Cydia. The most important reason, however, is the fact that Apple will soon be rolling out iOS 4.1
As such is the case, they’ve decided to just focus their efforts in developing a jailbreak for iOS 4.1 since releasing an iOS 4.0.2 jailbreak at this point in time will be detrimental to the success of that new jailbreak. As many of you all know, it's a cat-and-mouse game between them and Apple, and right now, they want to play their cards right so as not to surrender any aces they still have up their sleeves and give Steve Jobs and company the upper hand. They do hint at the possibility that a future iOS 4.1x jailbreak might work with new devices that have iOS 4.0.2 preinstalled on them though they’re quick to add that it’s not a guarantee.
So, there you have, there won’t be an iOS .0.2 jailbreak released for new devices, but instead, they’ll be coming out with an iOS 4.1 jailbreak once the new firmware begins rolling out to the public. It's not exactly good news, but not a entirely hopeless. You can read their full announcement here.