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The untethered jailbreak code for iOS 5 is finished on ALL A4 iDevices; iPad 1st gen, iPod Touch 4G, iPhone 3GS, iPhone 4, and Apple TV)
So hopefully the jailbreak will be released soon.=D=D
LINK:
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and another thread by Mr.Kane:
You must login or register to view this content.What is iOS jailbreaking?iOS jailbreaking is the process of removing the limitations imposed by Apple on devices running the iOS operating system through use of custom kernels. After jailbreaking you get Cydia. Cydia is a software application for iOS devices that enables a user to find and install software packages (including apps, interface customizations, and system extensions) on a jailbroken iPhone, iPod Touch or iPad. People jailbreak for customization and applications that allow you to do things the stadard iDevice cannot do, due to Apple not allowing it.
It kinda makes an iPhone like a standard DROID with an open interface OS :carling:
Any other questions quote and ask.