Hack Turns iPhone Into Laptop Wireless Access Point
Jul 25th, 2007 | By James Lewin | Category: iPhoneiPhone hackers are buzy trying to free up some of the capabilities of the iPhone. One of the most interesting projects developed so far is srelay, a SOCKS proxy server.  
srelay running on your iPhone turns it into a gateway that you can use to connect your laptop to the Internet using the iPhone’s EDGE connection.
The hack is for only for the brave, for now.
Is there any new development on this?