No it was made legal a while ago. however it will void your warranty.
i Wouldn't say its bad but if you jailbreak you can get illegal applications and stuff but if you don't you can jailbreak to make tons of modifications to your iphone, i think jailbreak is a good thing.
Yes. It will cost less if you jailbreak it. Never do THAT on e-bay.
The bad news is: It won't be on your iPod after you jailbreak it and you're gonna have to re-sync it (boring!!!). The good news is: It will still be in iTunes.
It could malfunction it and the insurance will wear off.
you gotta jailbreak, which can make bad things happen. but yes you could
i think it is not bad my neighbors did it and there ipod touch works perfectly fine
You do not Jailbreak iTunes; you jailbreak iPods and iPhones.
You jailbreak the firmware.
Yes you can. there is a new jailbreak out called "spirit". Google it "spirit jailbreak"
Updating the iPod Touch software erases the jailbreak. You can update, but it will erase your jailbreak.
No. Your jailbreak will remain as it is. Syncing your iPod does not alter the jailbreak in any way.
Do what you originally did to jailbreak it in the first place.