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that's correct. it's sort of unorthodox though; I would have preferred a GUI method like the current 1.13 jailbreak for the iPhone
 
UPDATE: The iBrickr update is very shaky at the moment. People have been reporting that the January Software Update DOES NOT sync with 1.1.3 Jailbroken. I would recommend waiting it out, I even tried the Jailbreak, and it crashed my iPod. A simple restore fixed everything.:p:apple:
 
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