Well, that's one way to avoid a lawsuit.

George "GeoHot" Hotz, the New Jersey teenager who managed to code, solder, and hack his way into an unlocked iPhone has given the famed phone to mobile repair firm CertiCell.

In return, the college freshman will be cruising around campus in a Nissan 350z. The company also gave Hotz three new iPhones, which he plans to send to those who helped him develop the unlock procedure.

Hotz could make out better than anyone else in this whole debacle...

28 Aug 2007

Right now, the kid from New Jersey appears to be the only one of the iPhone unlockers to garner any material gain. As Hotz settles into his new ride, Uniquephones is attempting to fend off AT&T's legal crew, while the iPhoneSimFree crew has yet to take their product out of its "bulk-order-only" status.

All the while, AT&T is getting its lawyers all psyched up for a round of lawsuits and Apple is no doubt prepping a new firmware update that will re-establish the locks on the iPhone.

I would have taken the car too.