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did you update cydia when it asked you too? If you did you might have to restore your phone and try again
 
Working fine * 5 devices all on 2.0.1

Sounds like you should restore and possibly even recreate your restore image.

Good luck
 
PrivaCy

Yes and if you get any help with this let us all know.

Get the spinning wheel of death after I hit install. Yes I did do the update immediately following the initial startup of Cydia.

Only way out was to restore and re-JB the phone 3 times this happened.
 
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