I did the soft update/ 1.1.3 jailbreak and so far no problems. Locate me feature works, wi-fi, edge, iTunes, ringtones all work too. And I think the process was very simple cuz iBrickr did all the job. I mean you click 1 or 2 times on a button and you don't need to SSH into the phone. Note that I started on an anysim 1.1.2 unlocked.
Btw, Locate me worked after I installed the new BSD subsystem weird eh?
I think that this whole Nate "illegal" release is BS. The Dev team was going to wait until the SDK but nate did a release. So I think the Dev team was just jealous and wanted all the credit. Both method do the same thing and work well with 1.1.2 except Nate's is simplier and locate me works.