Microsoft warns against homebrew on Windows Phone 7

Makes you go blind
Microsoft is currently rolling out an upgrade to Windows Phone 7 devices that will bring features like cut and paste functionality. The two-part update started in late March. The first one updates the device registry, while the second update adds the meatier features like cut and paste, improved marketplace search, a fix for increased data consumption related to Yahoo Mail, and different background images while connected to Wi-Fi.
However it is taking its time and many think it is too slow. The developer behind the short-lived ChevronWP7 jailbreak for Windows Phone 7 has posted a new hack that let you bypass Microsoft and carriers to update your mobile operating system.
Hautala warned that if people attempt one of these workarounds, Microsoft can't say for sure what might happen to your phone. "You might not be getting the important device-specific software we would typically deliver in the official update. Or your phone might get misconfigured and not receive future updates."