Yes, jailbreaking is a very successful software! Free apps, modifications, and etc.! Ya I think it is good! :)
no it is not illegal. they have now confirmed that it is legal. but it can mess up your ipod for good.
Nothing. All it does it trash your iPod/iPhone and do you know what happened to mine... It stopped my iPod completely.
It is up to you. No matter what you have on your ipod will become messed up when Jailbreaking...
As of today (November 24th, 2010), jailbreaking an iPod Touch is not illegal. Is it 100% safe? No.
Jailbreaking an iPod could either be a success or a failure (meaning your iPod could break). It's your decision, but a risky one.
I think that many people are finding the most jailbreaking software for their ipod.
Yes, jailbreaking does void the warranty.
Yes
It is illegal.
no
you cant
jailbreaking the ipod touch is legal. But if you use the tool that gives you all apps free it is illegal.