Yes, after the 1.1.3 OBT jailbreak, the iPhone hacker community has just release the new version of independence ; able to jailbreak the 1.1.4. As usually, independence doesn't unlock your iPhone but it 'just' jailbreaks, actives, provides a SSH installation, and such more personalization.
But that's not all !! iPhone Dev Team has realized an amazing YouTube Video (following), with a new customized Firmware. Are there some folks who remember the Humax 540(z) Hacking ? At the beginning few and poor patches to apply to the official firmware... after that new firmware !! It's amazing.
May we'll be able to install our own firmware on this device ?
To me, this is the first step to an alternative apple iPhone Operative System.