I'm thinking I am stuck at 04.11.08, confirm?

[stayin100]

I have a Jailbroken iPhone 4 gsm on 5.0.1. I thought I could downgrade to one of my saved shsh blobs, then upgrade while preserving the baseband allowing me to unlock. I have these shsh's saved

4.2.1
4.3
4.3.3
4.3.5
4.3b1

When I downgrade will it downgrade the baseband as well?

[xboxbml]

Nope...

[xboxbml]

At this point BB can never go backwards...