QuickPwn Tool for Windows

As posted earlier on the iphone dev team blog, QuickPwn has just been released! Basically, it works like ZiPhone used to work, but has a GUI like the Mac Pwnage Tool. It will actually hack into your device and Jailbreak it without Restoring the firmware!
Currently it only works on 2.0.1, but I decided to give it a try on 2.0.2
I'll update this post as I work on it!

Phase 1:
Run the QuickPwn GUI.
On first glance, the App looks a lot like Pwnage Tool and Winpwn 2.5:

Since I have an iPod Touch, Ill go ahead and click accordingly...

and upon clicking browse on the next screen (after clicking the blue arrow in the bottom corner) I saw a file locator and navigated to the location you see in the picture: