Updating the iPod Touch to iPhone Firmware V2.1 / 2.0 for free?

Its no hidden news that updating the 1st Gen iPod Touch to firmware V2.x is charged $$ by Apple. But here is a workaround posted by TechoCrunch.
Here is how!
Step 1:
Manually update to firmware 2.0 (Steps here)
Step 2:

Connect to iTunes and update your firmware 2.0 to 2.1. It is FREE
Cheers