I thought I was being smart by ordering a phone right when the firmware changed. Well, now its here, its 1.0.2 and the iphonesimfree and the jailbreak website require the phone to be at 1.1.1 
Do I just open it, connect it to itunes and it gets upgraded automatically? I even resisted upgrading to the latest itunes, by getting a disk image of 7.4 manually so it wouldn't upgrade me. Now it appears that I do need to upgrade it.
I promise, this is the last question on the topic. I'm going to pay the 60 bucks for that tool once i get it to 1.1.1
Do I just open it, connect it to itunes and it gets upgraded automatically? I even resisted upgrading to the latest itunes, by getting a disk image of 7.4 manually so it wouldn't upgrade me. Now it appears that I do need to upgrade it.
I promise, this is the last question on the topic. I'm going to pay the 60 bucks for that tool once i get it to 1.1.1