Some blog posted a comment from someone at Verizon that it was "included" - sort of like the Pre. Which would have been a big deal comparing it to the Droid contracts.

I'm sure the iPhone will outsell every Android handset by a healthy margin without it, but the feature is still a huge rip-off.

Andy, I haven't seen anything announced about an untethered Jailbreak for iPhone 4 on any blog, including the Dev Team's. frown I suspect it will never be released and instead they're waiting for 4.3 which may be the last 4.x update.
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Bruno
Twisted Melon : Fine Mac OS Software