iClarified - How to Activate and Jailbreak Your OTB 1.1.2 iPhone Using Windows
As promised I've posted the windows tutorial for jailbreaking and activating of the 1.1.2 OTB iPhones. This is NOT an unlock tutorial.
This tutorial is however what you'd need to follow if you are going to use your iPhone as an iPod touch for now. Also you would do this jailbreak if you were going to use the TurboSim type methods for unlock.
The tutorial is very simple and easy to follow so even if you are new to the iPhone stuff you should be fine. I will try to follow it up with a SIM unlock tutorial as soon as i can.