I have a jailbroken 3G running f/w 4.0.1, it developed a few probs, and I want to restore/re jailbreak is this possible given that I don't have shsh blobs saved?? Can find loads of guides to downgrade from 4.0.2 but i'm a bit stuck on this!!!
You can update to 4.1 through custom firmware so you won't lose your unlock. Use pwnagetool if you're on a Mac, sn0wbreeze for Windows. 4.1 is much faster on a 3G anyway.