Well there you go.  I have been having issues with my iphone and have been thinking of a clean whip, so based on what I read in ‘Crave’ I’m going to do it.   From Crave..

… In fact, the current versions of redsn0w and ultrasn0w work the same with the 3.0.1 firmware as they do with the 3.0 firmware that came out a few weeks ago. In short, the jailbreaking software already works. I checked with the Dev Team community and had this confirmed. “Restore to 3.0.1, run redsn0w, select the 3.0 file… Bang zoom.”