Jailbreacking iphone 3GS?

I have been thinking about jailbreakin my iphone and i dont know if i should. i ahve a 2 year contract with it so if i have to take it in cause it breaks i dont think they would do anything and i dont dont know if it is really worth jailbreaking for apps. Also what website should i use to jailbreak it. If you could i need all the information i need to know before jailbreaking.
 
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