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iPhone Dev team has just released a new version of Redsn0w, which finally allows iPhone 4 GSM, iPhone 4 CDMA and iPhone 3GS users to perform an untethered jailbreak.
In this guide, we will take you through the step by step procedure to perform an untethered jailbreak on iPhone running iOS 5.0.1 using Redsn0w.
Here are some important points to note before you proceed.