Jailbreak App Turns iPhone Into 3G Modem for iPad

Data-hungry iPhone owners eager to grab iPads can forgo paying for a 3G model altogether and save a good buck. That is, so long as they’re willing to take a risk.

MyWi, an app available for hacked (i.e., jailbroken) iPhones, turns the handset into a wireless 3G modem that can be tethered to an iPad. That means you can skip paying the extra $130 on a 3G-only model, along with the $15 or $30 fee for data, and get internet access for free from your iPhone’s unlimited data plan, instead.

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