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right as you know greenpois0n have made working jb and called it Absinthev.
atm you can only jailbreak your iphone and ipad on a mac as its not yet been released on windows but they say it will tonight.
to be able to jb your iphone must be running on iOS 5.0 or either 4S version of 5.0.1
download the jb here 4 a mac You must login or register to view this content.
[Windows users] Coming Soon
[Linux users] Coming Soon
il update this as soon i i get the links 4 them
this is how to jailbreak your iphone 4s and ipad 2 on ios5
Step 1: Download Greenpois0n Absinthe, then unzip and run the file. You must login or register to view this content.
Step 2: Connect your iPhone 4S / iPad 2 with your PC via USB.
Step 3: Simply click on "Jailbreak" button follow the steps appear on the greenpois0n screen.
Step 4: Once completed, you should see an Absinthe icon on the Home screen. Tap the Absinthe icon, it will open GreenPois0n site, and will then reboot your device. Once it loads again, the Cydia icon will have replaced the Absinthe icon. Non enjoy your iPhone 4S / iPad 2 5.0.1 untethered jailbreak.
heres a video of proof with a tut on how to jb your iphone 4s and ipad2