iPhone Dev Team will soon release a software tool to unlock iPhone 3G. Today, as a preview, they have a live demo on Qik to demonstrate the unlock process.

You’ll soon see in the video how easy the unlock of iPhone 3G can be done via Cydia. The software is not yet released (but very soon) and initially can only unlock older version of baseband. For more information about unlocking iPhone 3G, you can further check out this post.

Here is the live demo: