Press to launch Safari from your Springboard.
Press to select the address bar and input http://jailbreakme.com then press the Go button.
To begin the jailbreak simply move the slider to right.
You will be displayed a status bar as the download progresses.
Once the download is complete the jailbreak process will begin
Once you are notified that the jailbreak process is complete press the OK button.
Press the Home button to reveal Cydia on your desktop!
Congratulations you are done! You may now continue by launching Cydia and installing some great apps.
A big thanks goes to Comex and the iPhone Dev-Team for their efforts and successes.