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Here's how to update your Cydia to the new version.

http://idevicedaily.com/download-and-install-the-new-cydia/

Hey thanks for this, just installed on iPhone 4 (4.0.1) and works great.
First impressions, it looks almost the same as before but is much speedier in not only loading but also switching between tabs and going in and out when checking descriptions of new apps.

Very nice update, definitely recommended.
 
I thought the 4.2 jailbreak would work once cydia was updated???? Is this not the whole reason for the wait??
 
Surick put out a major Cydia update for iOS 4.2.X recently. I don't think he'll put it on Cydia as an update for older iOS devices.

WOW! This actually is my personal search engine for stuff having to do with apple products and it works very well and I like it a lot and get great responses. Why would you say something like this?
 
Cydia updated something in itself after i opened it the first time in 4.2, now it won't open anymore.
 
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