quickpwn-gui.exe failed to initialize (Upgrading iphone)

I have been waiting for Zibri's tool to get my iphone upgraded to ver 2 from my current 1.4, howeve since Zibri is ttaking some time, i decided to go with his competitors, the dev team , this time. They recently came out with a windows based GUI to help you jailbreak and activate the iphone ver 2.02. All you need to do is fiirst upgarde your iphone thorugh itunes to ver2.02, then download another copy of the original ver 2.02 (around 240 MB's) and put it in the same folder as dev team's quickpwn tool. Start quickpwn-gui.exe and follow the on screen instructions. If by chance you get an error message saying, quickpwn-gui.exe failed to initialize, don't worry, just upgrade your comp's .net framework to the latest version (version 3).

Also, when it's all done, you'll have a jail broken iphone which you can use to install various applications, but if you are not a legitimate network user, you still won't be able to use the iphone as it's not unlocked. For this what I did was to use QuickPwnRC3, along with bootloaders BL-39 and BL-46. Another 5 min process, and it's all done.

But do it all at your own risk as the software is still in beta mode, and although it worked for me, it does not giv3 any guarantee that it'd work for you as well!