hmmm, not sure where you were reading but this is taken from idemocracy's wiki. in the end, we'll find out tomorrow.
"Last updated 11 Nov 07
DEVELOPMENT STATUS: Soooo close...
CURRENT VERSION: 2.0αNP(mr2b487)
BUILD NUMBER: 487
OFFICIAL RELEASE DATE: 16 Nov 2007, 6PM PST
Latest News
1.1.2 Support: iDemocracy 2.0 now supports jailbreaking and unlocking iPhone firmware 1.1.2! Confirmed working!
Release Date: We now have an official release date! November 16, 2007 at 6PM (in traditional Apple style).
Traffic: iDemocracy's regular site visits has declined considerably since the release of jailbreakme.com, which essentially automates our automated process

. Here's hoping 2.0 will get some more users to join! Keep spreading the word!
Upcoming Features
As of right now, this is all I'm telling you:
Now featuring automatic revirginizing for 1.0.2 and earlier firmwares. Confirmed working!
The Installer.app Fix and Activator patches have been integrated into the app so that there's no more downloading of little side applications.
One-click installation of MobileStack. YET ANOTHER EDIT: The good guys over at MobileStack just rewrote their StackController for iPhone compatibility, which is fantastic news. Now iDemocracy will just load/unload StackController and let it do all the work.
One-click installation of iDemocracy Wallpapers!! OMG!
Lotsa bug fixes.
UPDATE: There will be no new jailbreak method for now (we're sticking with the downgrade way). This is because the tiff exploit method is short-lived. When 1.1.2 comes out it'll be blown away. However, the symlink way might just work for 1.1.2 (though I doubt it). Chances are there will be an update released or something which will support 1.1.2. It's all very conceptual right now.
And I've got a bunch more surprises up my sleeve...
"