Okay well we aren't stupid, I hold the home button for the whole sequence once and still nothing. It's a software bug, no doubt about it.
Not saying anyone is stupid
But I followed the instructions and it worked for me. And I think many other people have jailbroken their iPads with Limera1n as well.
I bet that Geohot will release a more user-friendly version soon...
Put your tail down and walk out of this thread, because I KNOW what I'm doing thank you very much and user stupidity is, believe it or not, the problem holding me back from a sweet sweet jailbreak.
Software bug. Most undoubtably.