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Well, it appears that an iPhone software hack is imminent. CNN is reporting that a software developer group has announced a software-only hack for unlocking the iPhone and making it available for use on networks other than AT&T. It takes about two minutes, and there’s no cracking the iPhone case. While this probably doesn’t bother Apple at all, AT&T may not be so pleased. It appears that the legal issues surrounding this type of hack are still being debated.

The developer group has posted a website called iphonesimfree.com and are waiting only to set up their e-commerce infrastructure before selling the software online.

This will be an interesting development for iPhone sales around the world.