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In the next few hours, Pod2G will be releasing the iPad 2 IOS 5.0 & 5.0.1 Jailbreak. For the first time in history, the exploit will be using the backup and restore function of iTunes, therefore it is highly recommended to backup your iPad 2/ iPhone 4S before jailbreaking. The JailBreak will also be implemented into RedSn0w sooner or later so be ready!