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The baseband is not preserved, I bought this after it came out, however I follow the DEV teams blog (responsible for UltraSn0w) that creates the unlocks for the phones, and it is in the midst of being created, as for a release date, it is uncertain, I have Beta tested the new ultrasn0w, for 5.14.02, and they still have some work to do. You are correct, currently the phone is LOCKED to AT&T, and will not be able to be unlocked until the release is out, I suspect as soon as it does, you will see a price increase for every phone that was not previously able to be unlocked, as it always has in the past when it has been released.
300 cash buys the phone shipped to your door.
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