If you picked yourself up a second generation AppleTV, or plan to, it looks like you’ll be able to get your jailbreak on; assuming you’re into that sort of thing. Dev-team member MuscleNerd has posted a one-minute YouTube video showing Apple’s little black-box running a jailbroken firmware. Complimenting that, the dev-team has also managed to decrypt the AppleTV’s encryption keys. Hit the jump to see the video and hit the read link to check out the keys.