it lets you see some folders but not the important ones maybe we can get some free ringtones out of it,,has anyone else been messing with this....also i might be mistaken but didnt you have to be jaibroken to have iphonebrowser to read on 1.0.2...??
If you are running windows, open up explorer, scroll to the iphone device, under drives, and you will see the same folders. You can actually drag and drop your camera roll photos from there. No mod needed.