I don't actually have an iPod Touch. But i jailbreak my friend's iPods for them 😀 Most of them have the 2G, so that's why I've been wanting it. I'm not afraid of using the tethered jailbreak, but I just don't think they'll want me to have to take it away again every time they turn it off 😉
In a way, the tethered version coming out is a BAD thing. The Dev Team said they would only release it if they became stuck with the full jailbreak. So, it's going to be a while, if ever, until we see the full version of redsn0w 🙁