Today pod2g, the iOS security expert behind the upcoming iOS 5 and 5.0.1 untethered Jailbreak, released another video that demonstrates his Jailbreak on an iPhone 4 running iOS 5.0.1 (the video is embedded above).
According to pod2g, “the Jailbreak is near ready for prime time”:
The jailbreak is near ready for prime time (excluding 4S and iPad 2).
Patches are the same as redsn0w’s. Expect the same level of stability.
Some more days to wait. Be patient, we’re doing our best.
Pod2g will release his Jailbreak shortly after he adds compatibility for the two A5-based devices (the iPhone 4S and the iPad 2) and has time to properly compile his utility. Stay tuned for more updates related to pod2g’s untethered Jailbreak for iOS 5 and 5.0.1!