It looks like the Untethered Jailbreak for iPad 2 and iPhone 4S is around the corner. Few days back @Pod2g announced that he has found his dream team which consists of all time great Hackers including, @MuscleNerd, @Planetbeing, and @P0sixninja. They all teamed up to work on the A5 Untethered Jailbreak for iPhone 4S and iPad 2. The only issue was of sandbox on A5 iDevices. Finally today @MuscleNerd Tweeted that:

iPhone 4S and iPad 2

props to @saurik for major contributions to the A5 version of @pod2g‘s untether yesterday! (still no ETA, but moving forward)

Later on @Pod2g tweeted that:

@MuscleNerd @saurik And greetings to @planetbeing for the coding + research. Really great stuff to escape from the sandbox.

Finally the sandbox issues are solved on iPhone 4S and iPad 2. The Untethered Jailbreak is still in testing. They will release the Untethered Jailbreak by this week, as said by @Pod2g previously. We hope that they find out any Bootrom exploit which will make it easy for us to perform a restore and Jailbreak in future.

The team is making a great progress. We can expect the Untethered Jailbreak to debut this week. Before the Untethered Jailbreak is released for iPad 2 and iPhone 4S, update your Device to iOS 5.0.1 before it is too late. The Untethered Jailbreak will come for iOS 5.0.1.