CAUTION - New iOS jailbreak seems very unstable
There is a new jailbreak out for iPhones, iPads and iPod Touches. The jailbreak looked like it was going to be the easiest ever. All you have to do is go to www.jailbreakme.com while on the device and the install is just a slide of the finger away. Not so fast there! I tried it tonight on my iPhone 4 and it became VERY unstable. I advise against doing this jailbreak until there is more information.
There are reports that it breaks FaceTime on the iPhone 4. I didn't get to test that because I had a bunch of other problems. Cydia, the interface used to install apps in the unlocked environment, kept giving me error messages and crashed a few times. Installs on iPads using iOS 3.2.1 are reportedly having problems too.
Repeat, do not install this jailbreak because you could turn your iPhone or iPad into a very expensive brick. I'll pass along updates as they are available.