I have long been a supporter of jailbreaking, and I figure it is long overdue that I share some of my reasons on a slightly more regular basis. Now, don’t get me wrong, I am not in any way trying to convince anyone to jailbreak, because it is not always an easy path to follow, and it usually means you have to wait to upgrade, but that said it is right for me and it may still be right for your.

My reasoning is simple, I like to jailbreak because it allows me to use my iPhone in ways that Apple does not allow. Just to name a few I can background any app, add a quick app launcher to my lockscreen as well as have my daily calendar show on my lockscreen. Personally, I am not into the themes, but that is also a big draw for many people.

With that, today I would like to highlight another app that I have found recently, although I will preface this post by saying that I have not used it personally. Of course, had I found it a few weeks back (before I purchased a Sprint MiFi) I would have already had it installed.

The app is called MyWi, and in short it turns your iPhone into a Wi-Fi hotspot. This means you can now use your iPhones internet connection on your laptop or netbook without having to worry about wired or Bluetooth connections. Of course, the app does also support tethering by way of USB and Bluetooth. And similar to the MiFi device that you can get with Sprint or Verizon, the MyWi app will allow you to share that connection with multiple devices at the same time.

Other features of the MyWi app include 40 bit and 104 bit WEP security as well as showing your current up/down bandwidth usage.

A few things to point out though, this app will only work with the iPhone 3G or 3GS, not the original iPhone. It also comes with a $9.99 price tag. Finally, as with any tethering, do so at your own risk. In other words, many carriers do not allow you to do it, which means you could end up with a terminated contract or even worse a huge bill for the services you used.

Read More and Purchase [Rock Your Phone]