We see a new firmware version, but still no Developer SDK, although this should be the missing step for the release, some Operating System codes changed to let the developer use the iPhone features, and who knows, maybe some new API released?

You can update your iPhone via the iTunes, and there is already a jailbreak compatible with this firmware version, so to users that do not use TurboSIM, do not worry, your saviour application is here.

Zibri's jailbreak is compatible with v1.1.4, although the developer of this jailbreak requests users to have a little patience so that he can tweak it to fully work with v1.1.4.

To get more information about this latest release, you should head over to TUAW.
The picture above isn't related to this firmware update, so don't catch a fright.