Jailbroken Verizon iPhone users on iOS 4.2.7 have been stuck on a tethered jailbreak until recently. Sn0wbreeze 2.6.1 will allow you to go from tethered to untethered quickly and easily. So if you used redsn0w to jailbreak your Verizon iPhone and you're currently tethered, hit the jump for a quick walkthrough on how to free your Verizon iPhone from its tethered state!
You can now enjoy being untethered on iOS 4.2.7! Let us know if you have any questions or how the process went for you in the comments. If you experience issues, you can always visit our TiPb jailbreak forums for help and the answers to many questions.