I think they are racing against the clock to release it prior to the 5.1 release, as it's patched in 5.1 from what I've read. What I'm yet to understand can we still use tinyumbrella for serving the shsh blobs for upgrades? or is that just valid for the 3.x and 4.x iOS. For the 5.x do we use the stitching option introduced in Redsn0w? It's one of the dilemma that I'm having in understanding if I need to upgrade from 4.3.3. i0S ipad2 to 5.0.1 now to be eligible for the jailbreak or I can use the patching option from redsnow when it's released. Still can't find a clear message on the NET.
It's not guaranteed that it'll be patched in 5.1; this exploit is still kept in secret. The Dev Team have not found a way to utilize with the SHSH blobs due to the complexity of ios5.
I'd recommend that you immediately upgrade to 5.0.1 and wait for the untether jailbreak that is due a in a few days.
Hope this helps.
Dude they are hackers!! if they jail broke IOS5 an exploitation will be a piece of cake...
Being a hacker is all about the challengers ...Jailbreak will never stop...its part of life of many people..its good for Apple as well..
Watch how many people are going to buy an Iphone4S right now!
I've holding for an Iphone4s ..I am getting 3 iPhones 4s .
Later