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Although it's pretty cool by itself, they modify and distribute copyrighted IPSWs (iOS firmware), which is basically illegal.

Do you see Apple doing something about it? Because I don't.

This is reckless.

It's reckless to base a business around it or depend on it for production use, yes. For fun, it's just hacking.

Which is a federal offence where even just issuing a bunch of GETs can get you sentenced to years in jail.

Not that definition of hacking! I mean seriously given the title of this website I didn't expect that.