Want to tether your iPhone to your Macbook? [2nd update]

Yeah, I didn’t think so. Not in the U.S., anyway, says Apple; at least, not without jail breaking your little friend. Though, for a minute there, it seemed Apple was cool with the idea of using your iPhone’s 3G or EDGE data connection over a SOCKS5 proxy.

Late Thursday night I was doing my usual routine—browsing the App Store for new programs that I just can’t live without—when I found myself in dire need of a reality check. Nullriver released a straightforwardly named program to the App Store, NetShare. NetShare creates an ad-hoc WiFi network with your iPhone, allowing you to connect wirelessly to a computer and use the iPhone’s EDGE or 3G data connection.

Jump past the break to learn more.