From MacRumors:

Apple Seeds New iPhone OS 2.0 Beta (5A240d), SDK Update (Beta 3)

So, let's get this bad boy pwn3d.

While I wouldn't condone piracy, let's plant this seed. Anyone up for a swim?

IF it leaks we would want to hope a few things here - firstly that it is more stable than the existing firmware - second that it gets AppStore/iTunes back and last but most important...

We will need an update to pwnage with the correct files to build the new custom firmware for the beta...

It will be interesting to see if its updated anytime soon!

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iPhone US 8GB
FW 1.0.2--> iUnlock--> iPhoneSIMfree--> 1.1.1 --> 1.1.2--> Soft upgrade 1.1.3 --> 1.1.4 using signal.app
iPhone UK 16GB
FW 1.1.3 OOB --> 1.1.4 --> iPlus 1.2 unlocked!

<----If I helped you out, rep points are always nice (thanks for that idea!)

i hope it leaks, i wanna try it out

people who have the old beta does it still work or is it "experied"

You mean expired lol

EVEN If it does LEAK

DO NOT PUT IT ON YOUR PHONE IF YOU ARE NOT A DEVELOPER!

It WILL NOT WORK!

Pwnage has to be updated to work with the new firmware so there
is no way to use it until that time!

__________________
iPhone US 8GB
FW 1.0.2--> iUnlock--> iPhoneSIMfree--> 1.1.1 --> 1.1.2--> Soft upgrade 1.1.3 --> 1.1.4 using signal.app
iPhone UK 16GB
FW 1.1.3 OOB --> 1.1.4 --> iPlus 1.2 unlocked!

<----If I helped you out, rep points are always nice (thanks for that idea!)

Old beta does not expire if you pwned it.

Presumably it would expire actually...

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Presumably, but it hasn't expired yet (on SDK2) while devs with legit access are reporting PSOD on both device and sim.

Well I just read that when the second update came owned phones didnt expire because they bypassedthe whom entire activation process.

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That makes sense. SDK3 does complain about the pwned 5a225c a fair bit though. Throws an exception after an alert box when you plug it in - organizer recognizes it and you can still add built apps.