MuscleNerd has announced that iOS 5 has been successfully jailbroken using LimeRa1n. iOS5 jailbroken on ipt4g: http://is.gd/7GxIcK http://is.gd/BwPvfh via limera1n + tethered boot..not too many surprises :)
Cydia works fine too from quick testing (I installed SSH) http://is.gd/oADWEo
Hopefully i0n1c will be able to port his untether to the new firmware. We'll keep you up to date with news as it developers.
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