Jailbreak Your iPod Touch & iPhone the Liberty Way
If you always thought that the Ziphone (which is really a stable release for every iPod Touch version and the iPhone) is not your cup of tea, give the iLiberty+ a try. It worked for me though and I’m pretty happy with it.iLiberty+ is a new software which has just come out with its first stable release. The developers claim that this release is very different from the Ziphone as this release can be customized and also helps in installing various components like the BSD Subsystem, OpenSSH, Freeing space and also helps the partitioning. The developers claim to jailbreak versions 1.0.2 to 1.1.4 and also unlock the iPhone so that it can be used with any SIM instead of just the AT&T 
.As this comes from iSpazio who recommends the best iPhone / iPod Touch repos / apps, I’ll surely give this one a spin very soon.If you want to know the step by step process now, check out the Live experience post on iSpazio.By the way, iSpazio is looking at starting a developers section. If you are an iPod Apps developer who’d like to contribute, do join them 
Download the releaseWindows Version : Link, Mirror 1, Mirror 2
Mac Version : Link, Mirror 1, Mirror 2, Mirror 3, Mirror 4,
Enjoy! Let me know how it goes guyz… Will await feedbacks
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i just downloaded liberty plus on my phone, the installer is showing up but i cant download anything it keeps giving me an error message saying package download failed