We’ve reported on the iPhone tethering situation, both unofficial and official, before, and last we heard AT&T was considering it as a $30 addition service charge. Now comes a rumor via MacBlogz that the price point is being reconsidered — down to $10:

The biggest piece of information we learned was that AT&T is playing around with a $10 price-point. This made my eyes light up and I asked them how they could get away with charging a third of what was initially reported, here’s the response I got. “iPhone tethering is primarily an AT&T offering, but it involves Apple at least wanting or allowing the service, which they do. If it doesn’t function as expected, I know of a few people who may lose their jobs,” my colleague explained. “While you may think it’s as easy as streamlining our Blackberry tethering service over to the iPhone, it’s not. Connection may be tied into iTunes, and Apple is incredibly controlling when it comes to this space.”

So, would a $10 price tag make anyone here jump on the tether plans?

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Rumor: AT&T Considering Reducing iPhone Tethering Plan to $10?

Depending on your carrier, their terms of service (TOS), and your willingness to break said terms and face possible consequences including death-by-over-billing, you can now tether you newly pwned/jailbroken iPhone 3G to your laptop to share the mobile 3G internet connection anywhere and everywhere you go (your coverage area, of course, may vary).

The process is a little involved, according to Macrumors (via Cre.ations.net):

Jailbreak your iPhone 3G. Install 3Proxy and Terminal. Create an ad-hoc Wi-fi network using your laptop. Join the network with your iPhone. Find the iPhone’s IP address Open Terminal and run the proxy program. Open Safari on your iPhone and open a web page. Configure your browser to use the proxy.

Not a 133t level hax0r? Don’t worry. AT&T (and other carriers) might just offer this option, complete with inevitable bandwidth cap, ‘natch, sometime in the next millennium…

This is a story by the iPhone Blog. This feed is sponsored by The iPhone Blog Store.

Got Jailbreak? Don’t Care About TOS? Get iPhone 3G Tethering!