Share Wifi from iPhone or iPad 3g using MyWi

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MyWi has already been present for few years already. As you can see its now in version 4. Along with a host of additional features, version 4 also comes with stability improvements (cause the previous versions negative feedback we're almost all about stability concerns).

Create an iPhone® WiFi HotSpot or iPad® WiFi HotSpot with a press of a finger! Wherever you are - you can connect your laptop or other mobile device to your iPhone®/iPad® easily to use your iPhone/iPad's data connection. MyWi™ 4.0 has been rebuilt from scratch to bring iPhone WiFi tethering support to iOS 4! Will work with all jailbroken iPhones (including 2G/3G/3GS/4) and iPad on 3.1.2 or later.


Features:
Create iPad or iPhone WiFi Hotspot to connect mutiple laptops or mobile devices to share your iPhone/iPad's internet connection
40 bit and 104 bit WEP Security to prevent others from accessing your WiFi HotSpot
Ability to enable USB and Bluetooth Tethering on your iPhone or iPad
Broadcasts the Network Name (SSID) - no need to fuss with creating an adhoc network on your laptop
Shows up and down bandwith usage for iPhone WiFi Tethering or iPhone USB Tethering
Uses less battery and much faster then other tethering apps due to native routing
Please check your contract/carrier agreement regarding WiFi tethering other devices to your iPhone/iPad. Additional charges may apply.
3-Day Free Trial via Jailbreak your iPhone and install via Cydia!

The catch is that to be able to install this application, you need to jailbreak your device first. It comes with 3-day Free trial or you can purchase the full version for $19.

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