Jailbreakers have been patiently waiting for an easier jailbreak option on iOS 4.3. We are already aware there are working exploits but no easy process has been released. Now it appears iOS developer Stefan Esser is showing off a working iOS 4.3.1 untethered jailbreak on video. For the demo, he used an iPod Touch fourth gen.
Don't get your hopes up too high as he doesn't plan to release it any time soon, if at all. He has stated before he has no intention of releasing a jailbreak tool but that he would offer up an untether solution. This may even be possible via a Cydia package. Hit the jump for a video of the jailbreak in action!