This jailbreak supports 2g, 3g, 3gs, and iPod touch 2 on 3.0. Key features:

1) Stable jailbreak tested by dev-team
2) Icy + Cydia problem solved (we think).
3) Ultrasn0w tested and working on 3gs
4) Proper kernel patches which will enable logome (after it’s updated for 3.0).
5) Mobile Substrate + Winterboard now working on 3gs.

Again, for download links and redsn0w installation guide, go here.

Note: If you used purplera1n RC2 or newer, you do not need to redo  your jailbreak. You will be unable to use logome in the future, but that should be the only downside. If you used purplera1n RC1 or older, you should redo your jailbreak. I believe you can run redsn0w right over the top of it.

So, during the day, I developed a GUI for Redsn0w Beta for Mac OS X, using Cocoa and Interface Builder! Now, it’s working great. Well, I don’t know if this is the first GUI in the world for Redsn0w Beta, but, certain is one of them, :) . Okay, now, let’s see the app!

When you open the app, you can select your language (Portuguese/English).

Now, you’ll see a window talking about the DFU Mode. If you want, you can use a Timer in C++ to help you putting your device in DFU by clicking on the button called “Start the Timer!”.

Now, you just need to press the button “Pwn the iPod touch 2G!” and press Command + V and press Enter to Jailbreak your iPod touch 2G!

You can download the Quick2gPwner clicking here.

(If you can’t run it, put the folder called Quick2gPwner in your Desktop and then, double-click in the file “Quick2gPwner”.)

Enjoy!

They have kept it quiet long enough.  The iphone-dev team have some great news posted on their blog relating to what redsn0w actually is.  Previous speculation was the ultimate iPhone 3G unlock (bootloader exploit).  Others thought it was a prank, but we confirmed that in fact, redsn0w.com belonged to the fabulous devs.

MuscleNerd confirming that redsn0w is infact - related to the iPod Touch 2G

iPod Touch 2G jailbreak.  Finally, FREEDOM!  You’ve all been waiting for it, and now for those of you who can’t wait for them to release it (or still don’t know what jailbreaking is!), take the time to review over the excellent advantages there are to jailbreaking.

We’ll be keeping everyone updated with the iPod Touch 2G jailbreak.  It may not be today, but atleast we know it’s done.  Stay tuned, though – as soon as it’s out, we’ll have the guide:  a step by step just for you.