Am I reading this wrong? This quote is directly from his mainpage, near the bottom:
"I have heard a few folks voice concerns about how they can downgrade their 2.x baseband to 1.59.00 on iPhone4. Here are the basic steps:
Close TinyUmbrella (if open)
Close iTunes (if open)
Remove ALL lines in your hosts file that contain gs.apple.com
Windows: Start -> cmd -> ipconfig /flushdns
Mac: Terminal -> dscacheutil -flushcache
Start iTunes
Restore (NOT UPDATE) Stock 4.0.2 iPhone 4 - 4.0.2 Download
Note that this will only work while Apple is signing 4.0.2 SHSH requests. This is due to the way Apple now updates/restores Baseband Firmware for the iPhone 4 different from the way it did to prior devices. Lucky us..."
This seems to tell me that you can still downgrade baseband if you've already updated it...Right?