A couple of days ago, pod2g has teased us with a video showing an untethered iOS 5.0.1 jailbreak. Today he announced that he has an untethered jailbreak for the iPhone 4, running iOS 5.0.1. In his own words ‘ feel free to update’ .
NOTE: there’s no word on when the untethered jailbreak will drop or which tool will use pod2g’s exploit. If you need an unlock for the iPhone 4, DO NOT update your iPhone to a stock firmware. Also, use TinyUmbrella to save your iOS 5.0.1 blobs.