So the iPhone's iOS 8.3 jailbreak has finally been released, this time by Chinese team TaiG. You've got unlimited freedom for your iPhone now, but you won't if you brick your iPhone. So how do you jailbreak it correctly? Here's a primer.

Let's first start with this one: Why would you want to jailbreak your iPhone? If you've ever heard of jailbreaking, you're probably under the impression that it's quite risky business. Apple can break jailbreaks with updates, jailbreaking opens up iPhones for possible security risks, and you can "brick" your device if you do it wrong.

It's not all that bad these days, though it still should not be taken lightly. And for some, as Forbes contributor Antony Leather attested to, jailbreaking is almost a necessity. And as he reassures, don't worry about bricking your device, because nowadays you can backup your iPhone to iTunes before beginning the jailbreak, and if anything goes wrong, just use iTunes' restore function.

Jailbreaking, despite the nefarious sounding name, simply means opening up your iPhone's operating system so you can add features and apps that Apple itself won't approve. If you still think that sounds nefarious, consider this: some of the innovations created by the jailbreaking community have gone on to become core Apple iOS features. Ever heard of Control Center?

How to Jailbreak iOS 8.3 on your iPhone

That said, when it comes to tinkering with your phone, you're responsible for your actions. This is just the roadmap (via LifeHacker).

1.     Do a full backup of your system, data, and apps on iTunes. You'll need Windows (for the jailbreak, not the backup) so Mac users, find a friend.

2.     Download the TaiG Jailbreak Tool. The latest one for iOS 8.3 is here. Be aware, the next Apple iOS update (likely coming sometime this summer, and with iOS 9, definitely headed this early Fall to your iPhone) will undo any iOS 8.3 jailbreaking progress, so time is of the essence.

3.     Go to Settings, iCloud, and Find My iPhone to turn that off.

4.     Now comes the jailbreaking part. It's a self-contained piece of software, so once you run the TaIG tool, just click through its instructions and let it churn. But follow step 5 before clicking start.

5.     LifeHacker suggests you leave 3K assistant option unchecked, but leave Cydia checked (the second one is your new jailbreak app store!)

6.     Once the jailbreaking tool has done its dirty work, make sure you disconnect the iPhone safely and restart it. Check for Cydia on your iPhone's homes screen, because that's the heart of the jailbreak experience.

Of course, no man is an island to himself, even with a jailbroken iPhone, so be sure to check out TaiG's community page -- or Reddit's or many other forums and support sites you might find -- if you're new to the whole jailbreaking thing.

Also, be sure to take a tour through your iPhone, especially settings, to see all the new options you have.