pod2g is working on iOS 5.01 untethered jailbreak for iPhone 4. The quick demo in the video below shows the untethered jailbreak. This latest jailbreak tool will let the users to easily jailbreak ( Not for iPhone 4S and iPad 2). pod2g is expecting the same level of stability just like redsnow with their untethered jailbreak and hopefully they will release it soon. Keep in touch for more updates on this.
