Apple has released iOS 4.3.3 (VZW iPhone 4.2.8) to deal with the location database bug. As usual, save your SHSH blobs and plug your device into iTunes to download the update—or use these direct download links (thanks GreySyntax!).
This update contains changes to the iOS crowd-sourced location database cache including:
- Reduces the size of the cache
- No longer backs the cache up to iTunes
- Deletes the cache entirely when Location Services is turned off