Team Evad3rs have released tools for jailbreaking an iPhone iPod touch, or iPad running iOS 7.0 through iOS 7.0.4. Evasi0n  7 is available for Windows, OS X, or Linux and lets yu jailbreak your device in a matter of minutes.
Jailbreaking an iOS device allows you to access files and settings that would otherwise be inaccessible, and alter the basic behavior of your device.
This is an untethered jailbreak, which means once you’ve jailbroken your device, you should be able to reboot it without problems.
The developers recommend backing up your device using iTunes or iCloud so that you won’t lose data if something goes wrong. You’ll also need to disable any lock screen passcodes, and you’ll need to connect your mobile device to a PC running Windows XP or later, OS X 10.6 or later, or Linux.
At launch, the jailbreak will include an unofficial version of the Cydia app store which lets you install apps that require a jailbroken device — it’s possible that some features may not yet be accessible. Cydia developer Jay Freeman says he’s working on adding iOS 7 functions though.
Among other things, jailbreaking an iPhone, iPod touch, or iPad lets you change the system default apps, add third-party keyboards, or tweak the user interface, multitasking behavior, lock screen, or other features.
via 9to5Mac and Redmond Pie
What do people do with a jailbroken device? Of course, other than pirating stuff or getting free services.
For me it’s not at all about pirating. It’s about being able to use the device I purchased the way I want. I like the interface tweaks on Cydia most of all. Adding toggles to the notification shade, changing the grid size of the home screen, having free ram listed right next to the clock, etc.
Us jailbreakers had true multitasking on the iPad long before it was sanctioned, can download/update apps on cellular, and create a wifi hotspot. You can unleash the potential of the device once you accept the ability to leave Apple’s walled garden.
Wow, and you have to hack your device to do those basic things?
I’ve taken almost all of those features for granted for years.
It allows you to do stuff like get apps that were banned or censored and other stuff that apple is hiding from us
yu, mi…everywun!
Hope to try this steps properly.. Can’t wait to implement it.