This is not something you want to see when upgrading the firmware of your beloved toy:

After that iTunes said that the connected iPhone was in recover mode and a simple restore would fix that. It did not, however. I had to press ALT+Restore and select the previous firmware 7A280F. I’ll just have to wait for the next version …

Update
I thought that the version I had of iTunes was the latest one, but I did not have the 8.2 preview and that did the trick. Thanks Paul!

One Comment
In order for you to update to the latest 3.0 firmware (7A300g), you need the latest iTunes (8.2). It won’t install without it