Is there a jailbreak for iOS 5?
The iPhone Dev-Team has done it again: iOS 5 has been out for only a week or so, but the group has already come up with a tethered jailbreak for devices running Apple’s latest software. Here’s how to jailbreak your iOS 5 device using the iPhone Dev-Team’s Redsn0w tool.
What happens if you jailbreak your iPhone?
Apple can deny warranty service coverage or any iPad, iPhone, or iPod touch that has an active jailbreak. In other words, Apple can deny you with any service repairs in case your device is damaged or malfunctions after jailbreaking. Considering that good smartphones are not cheap, it's wise to take this into consideration.
What is jailbreaking and how to do it?
What Is Jailbreaking? Jailbreaking means making unauthorized changes in a device’s default settings without the manufacturer’s permission. When people find any product’s default mechanism restricting, they jailbreak the device using some tools.
Does jailbreaking void your iPhone’s warranty?
Apple is very clear that jailbreaking voids your iPhone’s warranty. Apple strongly cautions against installing any software that hacks iOS.