Warning: Not my own post
Today, Pod2G posted another video demoing the progress of the new untethered jailbreak. The main difference in this video is that he used an iPhone 4 in the demo. I feel like we say this everyday, however, the jailbreak for every device other than the iPhone 4S and iPad 2 should be coming any week now. People with new devices may not be as lucky though, as this jailbreak might not work for them. Pod2G writes that the jailbreak is near ready excluding 4S and iPad 2. Since the exploit is software based, it can be easily patched and miss the newer generation all together. Personally, I value a jailbreak for the 4s and iPad 2 greatly more than untethered for other devices. This is good news for anyone with an iPhone 4/iPod Touch 4G or below and we will have to wait and see what happens to the newest devices.
From his blog.
Here is a new video demo of the current status of the 5.0.1 jailbreak running on an iPhone 4.
This is meant to reassure people that were thinking it only works on older iPods.
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.