Ok, I think I'm going to jailbreak?

you cannot break it, thats a rumor, the only thing that happens is that if you do it incorrectly you will wipe out everything on the ipod and youll have to reinstall the software (4.3.2 whatever) and resync all your apps/music. Use redsnow to jailbreak it, that is the easiest one. but you have to get the redsnow that corresponds to your software , you have 2.1.1 or whatever and i dont think they still have jailbreaking programs for software that old, you might have to update first