Whats Is Rooting

Rooting  your device means obtaining superuser rights and permissions to your Android's software. With these elevated user  privileges, you gain the ability to load custom software (ROM’s), install  custom themes, increase performance, increase  battery life, and the ability to  install software that would otherwise cost  extra money . Rooting is essentially hacking your Android device. In the iPhone world, this would be the equivalent to  Jail breaking your phone.

Benifits of Rooting a Phone 

How To Root LG Optimus Me P350 Running Android 2.2 Froyo

Rooting LG Optimus Me p350 is very easy and straight forward, fallow the steps given below to root your phone

Disclaimer

Please follow this guide at your own risk, The author will not be held responsible if your phone gets bricked, by following the process you are voiding your warranty and significant damage may be caused to your device.

Things You Need 

EasyInstaller - To install .apk files (gingerbreak),You can install it from Android Market:https://market.android.com/details?id=mobi.infolife.installer&hl=en

Ginger Break - Exploit To Root your Phone, You can download it from Here:http://www.ziddu.com/download/17463292/GingerBreak-v1.20bydevendra.rar.html

(credits-xda developers) 

Procedure 

1. First Enable USB debugging in your phone by going to Settings -->Applications--> Development -->USB debugging

2. Download and install EasyInstaller From Android Market, Then download Ginger Break From the link given above and transfer the file to Your phone (download Folder )Via USB 

3. Now Open Easy installer and Select GingerBreak (file which you transferred in the previous step ) and hit on Install selected apps 

4. After you install, Open Ginger break app and select Root device. Make sure that your SD card is mounted

Wait for a minute or Two, on successful exploitation the phone will reboot ,After rebooting browse the menu section, You will see a new app Super user  "which means  you have rooted the phone"