People owning an iPod touch 2G are out of luck - the current version of QuickPwn cannot jailbreak these devices
Sometimes having “legacy” hardware pays out: my first-gen iPod touch has a hardware vulnerability which will ensure its jailbreakability for the years to come (according to iphone-dev).
Apple’s recent firmware update brought a variety of small changes which made it incompatible with WinPwn: but QuickPwn makes for a lovely substitute. Download QuickPwn here, connect it to your PC and follow the steps displayed on-screen as they pop up (be prepared to press the buttons):

The jailbreaking process took about 10 minutes on my Core Duo workstation; images displayed on the iPod’s screen inform you about the state of the procedures:

After jailbreaking, your iPod will reboot. Surprise surprise - all your stuff is still there. However, you now have two new application “stores” to choose from…offering a wealth of jailbroken applications:

I have already picked out a few interesting ones - stay tuned!
