Hi Modmyi,
I recently went to jailbreakme.com to jailbreak my iPod touch 2nd gen on 4.0 and when it is jailbreaking (the second part), it crashes and reboots. When it reboots, it has the apple logo but there is a spinning loader like when you respring and a wierd row of pixels that are colorful and out of place. I restored and tried again, and it still did the same thing. When I go to jailbreakme.com, it says the installer crashed and told me to try again and it might work.

Any help wold be appreciated.

Please excuse my punctuation/grammar, I typed this up on my iPod touch that I mentioned.