JailbreakMe 2.0 which is the most easiest jailbreak for iPhone on iOS 4, iPod Touch on iOS 4, and iPad on iOS 3.2.1 has just been released. This is basically a browser based jailbreak tool and allows you to jailbreak your iDevice right from the built-in Safari web browser.

The complete step-by-step guide for jailbreaking your iPod Touch 2G MC model or iPod Touch 3G running on the latest iOS 4 has been posted below.

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Jailbreak iPod Touch 2G / 3G on iOS 4 – How to

Just follow the guide posted below to jailbreak your iPod Touch on iOS 4:

1. Download the latest version of iTunes from here
2. Open iTunes and make a complete backup of your iPod Touch
3. Download latest iOS 4 firmware files from here
4. Update your iPod Touch to the latest iOS 4 firmware using iTunes
5. Now connect your iPod Touch to a WiFi network
6. Open Safari web browser on your iPod Touch and then go to http://jailbreakme.com
7. Now slide the “Slide to Jailbreak” button to start the jailbreaking process
8. Wait until the required files of jailbreak tool is downloaded
9. After the download is completed, it will automatically start the jailbreaking process
10. Now you’ve to wait until the jailbreak process is completed
11. After the jailbreak process is completed it will show you “Cydia has been added to the home screen” message
12. Now you should have completely jailbroken iPod Touch on iOS 4