Jailbreakme, an universal iPad / iPhone / iPod jailbreak discovered by comex and developed by iPhone dev team is available in the wild. Needless to say that jailbreakme uses an exploit easily solved by Apple with a firmware release very soon, so it’s better to save your SHSH so you can stay on OS 4.0.1 as long as you want. Following are instructions on how to jailbreak your iPhone using the Jailbreak right on your iPod touch 2G, iPod touch 3G including MC model.
Things to know about spirit jailbreak:
Jailbreakme is ...