iPhone unlock will be released after iOS 4.2.5 or Official release of iOS 4.3

iPhone Dev Team member MuscleNerd has clarified in his twitter account that all users of iPhone who are waiting for their unlock should wait more. because  Musclenerd has said that no unlock for iPhone will be released until iOS 4.2.5 or iOS 4.3 is officially released. If you are on iPhone 4 baseband 02.10.04 / 03.10.01 so you should wait for iOS 4.2.5 or iOS 4.3 released.

Official iPhone unlock statement: no unlock will be released until after 4.2.5 or official 4.3 (whichever is last) is out.

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