iPhone 4S and iPad 2 users have reason to rejoice today - you can finally untethered jailbreak! They stated earlier today the jailbreak was almost complete and ready for release. It didn't take very long as the tool is already available.
As a note - this jailbreak will support iOS 5.0 and iOS 5.0.1. Here are the requirements for each device -
iPhone 4S users that would like a software unlock should stay on iOS 5.0 for now. You can grab the Mac and Windows versions from our downloads page link below.