The installation instructions are pretty straight forward. Follow the instructions below to get Android and iPhone OS running on your device in a dual boot combination.

Step 1: You’ll need to have a jailbroken iPhone 2G or 3G on OS 3.1.2. If you are jailbroken on OS 3.1.3 with Spirit then you will need to downgrade back to OS 3.1.2. To make it more clear, you must be jailbroken using either redsn0w, PwnageTool or blackra1n on OS 3.1.2, not Spirit.

Step 2: Download iPhoDroid version 0.6 from here, MacFuse from here and install them on your Mac.

Step 3: Make sure you have connected your phone to a WiFi network and that you have OpenSSH installed on it. Instructions for installing OpenSSH on iPhone can be found here.

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Step 4: Run iPhoDroid and simply follow the onscreen instructions, install iBoot when you are asked to, and within next few minutes, you’ll be running two of the best mobile OS (iPhone OS and Android) on your iPhone.

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Note: this only works on Mac, don't bug me about a windows version. i am also not liable for any of the information provided above nor the damage to your device, through the method above. This is for educational purposes only, Proceed at your own risk!