I just love this stuff!!!
As soon as Apple locks up the iphone and the ipod touch tighter than a chastity belt, the guys at the Dev team brakes it out. The Dev team have released the jail brake of firmware 1.1.3, but it's a Windows only for now. You have to download and install iBrickr first, and the process takes about 20-30 minutes to complete. The Mac version is said to be on the way, but one can only expect that Apple will just lock this back up on the next firmware release.
But you can be free for now iphone and ipod touch!
[Cre.ations.net via Crunchgear]
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