Jailbreakers rejoice!! TaiG has done it. I woke up today to the wonderful news that iOS 8.1-8.3 can now be fully jailbroken.

However, the tool is a hit or miss. TaiG’s website has specific instructions on how to upgrade, restore, and try again if the jailbreak fails.

Also, Cydia is not fully working at the moment, but it should pretty soon

More info here.