If you are on FSMdotCOM , chances are that you are using a Jailbroken iPhone or iTouch. If that is the case, than you should know what Cydia is, and maybe you know who Saurik is.
Word on the street is that Saurik is in development with a new tool , which will be a true blessing to all of us and it will be probably available through Cydia.
It seems that this tool will make the process of updating the firmware even easier , and by using this tool, we can update while keeping the iPhone jailbroken and it will prevent losing any information.
The tool is scheduled to be released sometime next week, but nothing is sure at this point. Best thing you can do is stay tuned.