I found a good little write up to manually update to the new Cydia. I did it earlier and so far its working great for me.
All credit goes to FSMdotCOM
Update Cydia
All credit goes to FSMdotCOM
Update Cydia
Yes its the official build of Cydia its version 1.0.3366-1. The article also states what firmwares it will work with
FYI I do believe the latest versions of redsn0w already have this cydia version. Ia am showing 1.0.3366-1 already and I certainly didn't do this manual update.