Should I upgrade my iPhone 4 to 4.1?

[Funked]

Hey guys, I just bought an iPhone 4 today and surprisingly it came with 4.0.1. I was thinking about jailbreaking it now, then just updating to 4.1 and rejailbreaking when the jb is released. Although that seems like a lot of hassle, losing my settings etc when I update. So I was going to update to 4.1 now so I can set the phone up how I like it, and just waiting for the jb. But if I update now, will I /definitely/ be able to jb it? Or will it do something to the baseband or anything which will leave me without a jb? I'm not too sure about all the technical details of the updates, so any help would be appreciated!

[iYeow]

First, if you jailbreak at 4.0.1 and then update to 4.1, all jailbroken stuffs will be deleted
If you are with the official carrier, when the jailbreak for 4.1 comes out , you will still be able to jailbreak and use it on the official carrier.
Yes, the OS 4.1 has a different Baseband but it doesn't matter to you if you are with the official carrier.

[Funked]

Yeah I'm with Orange, an official UK carrier so I don't need ultrasn0w or anything. I think I will just update to 4.1 and wait for the jailbreak to be released. Since it will be released very soon (I hope!), I don't see a point in jailbreaking now, then losing it all for the sake of a few days/weeks. Thanks for your help!

[XFaega]

There's really no gain on the 4.1. I did the restore to 4.1 and still have the baseband 1.59.00. I didn't really see any improvements. But if you feel like you have to update to 4.1 go a ahead.