I have a 3Gs version. Was eager to JB my phone since ages but did not seem to be able to do it due to its complexity (it should have been peanut if I really wanna do it actually) but now with the existence of www.jailbreakme.com website where one can JB on the fly (using Safari)……and it was extremely easy. I did everything in less than 2 minutes (could be faster if my 3G is not congested).

So what is so great with JB? Basically, you allow your iPhone to accept more applications even though it was not registered with iTunes. The JB fans will say that JB will unlock the true potential of iPhone. But I would say…..the restriction to few other capabilities on iPhone are because of two things, (1) business (monopoly) purpose by Apple and, (2) allowing to modify many things exposed the phone to instability & errors.

Having said that…not being able to do multitasking (now is OK with iOS4 but it comes with the slow speed and poor reception problems) is not acceptable.

No one forced me to JB my phone. So I did everything at my own risk.

I like some of the packages (they called it app in iTunes) especially the iBlacklist, iFile etc. But I encountered few problems to install some packages & error to connect to some repositories (the place where they place all the packages I guess)…..and I really hate those ads (yeah…I know Cydia is free….so they must survive with sponsors). And one thing should be clear here, packages in Cydia are not free….eventhough I know there are some crack available & you can crack them if using Cydia & you can’t for apps using Apple’s iTunes. Well….nowadays…as far as phone app is concern, I prefer to pay for what I like.

So what is my verdict?? Using JB reminds me of using Windows…with so many apps but one will endure the crashes most of the time. I will unJB my iPhone….so I am going to upgrade to iOS4 4.0.2….

Update: I jailbroke my iPhone again! Can’t stand plenty of software options offered from so many repositories.