As of now we can jailbreak iOS 5 but it’s just untethered. Like many of you, I’m waiting for the untethered jailbreak solution for the latest version of iOS. Finally we had some good news from the Chronic Dev team. If you haven’t heard of Chronic team, the team members are the creators of the popular Greenpois0n jailbreak tool.
Not long ago, the team has put up a demo video showing the highly-anticipated untethered jailbreak.