When  it does become available for everyone, previous generation iOS devices  will be added, too. When it does, you can finally update and get all the  features and benefits of iOS 4.2.1, but keep all the perks of having a  jailbroken device, too.
As  always, be careful with what you do once you’ve jailbroken your iPhone,  iPod touch or iPad. Hell, some folks have even bricked their devices  during the process. For the most part, though, it’s pretty simple and  you’ll be on your merry way with apps and features that weren’t possible  with standard iOS. You’ll also be able to enable cool features like  tethering without paying an extra charge, or getting apps that normally  work over Wi-Fi only with your carrier’s 3G network.
[Via: Mac Observer]
 
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