Following pod2g’s Tweet from earlier today, in which he announced the iOS 5.1 untethered Jailbreak is now compatible with the third-generation iPad, he posted a video (embedded below) to back up his claims.
For proof, he first went inside settings to show that the model number indeed matches that of the new iPad. Second, Cydia was opened and appears to demonstrate that it’s functioning correctly. Third, he opened iFile to confirm root access. Next, he rebooted the iPad to confirm that it’s untethered and can successfully boot without the assistance of a computer. Finally, he ran through a variety of Jailbreak and stock apps (including Cydia, iFile, Safari and iBooks) to ensure that it can boot into its fully functional state.
As pod2g stated earlier today, even though he’s successfully Jailbroken the new iPad, he still has to wrap things up by first stabilizing the payload and testing the Jailbreak on 5.1.1 before he’s ready to begin incorporating the Jailbreak into a utility. Even then, it’s possible that pod2g could encounter issues and setbacks, thus further delaying the highly anticipated release of his upcoming iOS 5.1 (and hopefully 5.1.1) untethered utility.
UPDATE: Unfortunately, following the iOS 5.1 and 5.1.1 untethered Jailbreak news from earlier today, pod2g has just informed his followers that a “nice” and “user friendly” tool is still “weeks away”: 
If you’re unfamiliar with the current Jailbreak situation, you can find all of the details here. While there isn’t a set release date, stay tuned for complete coverage regarding the iOS 5.1 and 5.1.1 untethered Jailbreak status.
