GeoHotz announced yesterday that he will not be updating the Purplesn0w and purplera1n tools for OS 3.0.1. In fact, he won't be updating them at all. One reason - the DevTeam tools already work. He also mentions that the tools were merely a proof of concept, trying to show better and much more painless jailbreak methods exist than the DevTeam's, which he claims to be "complex"!

I code to make things simple, hacky, and fast. Dev codes to make things proper, slow, and complicated; redsn0w works OOTB. [...] Someone enterprising out there could probably fix it, it's just the kernel patches that are in the wrong place. Exploit and 99% of payload will work fine. But otherwise, purplera1n RIP.
GeoHotz says those willing can customize his patches to work on the new firmware with a minimum amount of changes, as most of the payload works - it's just a matter of changing the spot where the tool tackles in the kernel. Although... hey, what's wrong with proper? Can't he do simple, proper, and fast?

If I do another tool release, it'll hit the ipt3 and ra1nydayless 3GS. Told you I had more holes.
Finally, he ends the blog on a good note having said that he may still do work for the iPhone / iPod Touch community and will be releasing some nice solution once the iPod Touch 3 is out, as he claims to to have some more holes...

via iPhonejtag