If installing the cracked applications is the main motive behind jailbreaking, a certain iPhone hacker, iPAGod has found a way to do that without jailbreaking your device, so that you still retain the Apple warranty.

Shockingly enough, iPAGod app is not using any new or existing exploit in iOS. Rather, it uses a method created by Apple for developers to share their apps for beta testing over the internet. iPAGod lets you install cracked Apps on iPhone iOS 4.1 and recently released iOS 4.2 Beta. The app is in beta testing & yet to be released to public and as per iPAGod app developer it may cost around 20$. Below is the demo video of iPAGod

No wonder, the developer hacker is not even trying to submit is app to the app store and he says that the app will be available for download from his website. It won’t be long before Apple fixes the loophole. I hope that happens even before this app gets released. [via]Blogsdna

iPAGod Lets you Install Cracked Apps on Non Jailbroken iPhone - 55