Hello, I'm a bit confused. Is there, or is there not a jailbreak for the official 4.3 firmware? I know the beta versions of 4.3 have been jailbroken. But if I get a new iPhone 3G[s] and it comes preloaded with 4.3, can I jailbreak it or downgrade it to 4.2?
There is no way to downgrade it unless it has shsh blobs saved. There is no jailbreak for 4.3 yet. (Technically, there is, but it is useless to users as you can't do anything an it is tethered.) You can download TinyUmbrella to your computer and see if it pulls some 4.2.1 shsh's. If it does, I'll help you restore. If not, you can't