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Correct, jailbreaking has NO effect on your service, data plan or Edge connection. Jailbreaking ONLY allows you read/write access to the file system on your phone. Giving you the ability to install stuff like apps, sound files, images, etc.
The Following User Says Thank You to cpjr For This Useful Post:
I have a jail broken iPhone and just as was mentioned, everything works fine. EDGE isn't as slow as everyone makes it out to be either. I obviously love my WIFI at home and other places but the EDGE isn't completely a waste .