Stupidly Simple iPhone & iPod Touch Jailbreaking
After I went through the process of downgrading the iPhones firmware and upgrading it again a simple to use no brainer hack was released that makes iPhone third party apps within EVERYBODIES reach.
All you have to do is point your iPhone or iPod Touch browser to jailbreakme.com (I’m not linking to it since it has the potential to mess with desktop Safai browsers), click “install AppSnapp” at the bottom of the page and then the website will use a known TIFF exploit to jailbreak your phone and install Installer.app.
Even though you are giving a third party website full read write access to your phone it come recommended by friend of the site Erica who I unconditionally trust.

Firefox – Use Agent Switcher to iPhone then download Magic.tif for safe keeping.
or http://conceitedsoftware.com/jb/magic.tif
I thought we would have to wait to 1.1.4 but Jailbreak 1.1.3 now! Genius!
http://cre.ations.net/blog
Win Version: http://devices.natetrue.com/iphone/ibrickr-jb113.zip
Mac Version: http://devices.natetrue.com/iphone/jb113.dmg
If you are running 1.1.3 already you will need to downgrade then Jailbreak that version and then run the above software to load a patched 1.1.3.
Instructions here for the downgrade: http://www.hackthatphone.com/113/iphone_downgrade_113.html