I went to look at my unlocked and jailbroke 1st gen i phone and there was and still is the loading circle there on its own, not moving or anything. The clock and battery isn't changing either...
It is unresponsive to the home button and the on of button.
I'm not really sure what is wrong with your phone, but I just wanted to let you know that you have won the, "Make Cole Laugh" award. The title for your thread actually made me laugh out loud.
I'm not sure that it is actually funny, or simply the fact that it is 2:15 and I am going crazy. I just saw that title and pictured some random confused dude just completely lost with reality going, "What's going on?!?"
Oh boy. Sorry about your problem, but thanks for the laughs!