Apples iOS 4.3.4 is simply a minor security update which fixes a vulnerability associated with softwares PDF viewing. The vulnerability is reported to allow hackers to gain full control of Apples device hence users are encouraged to download the new iOS 4.3.4, unless of course, you are using applications such as Jailbreakme.
Sources: PCgameshardware, CNet, Securitynewsdaily
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