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iPhone Dev team has released a new version of Redsn0w using pod2G's untethered jailbreak, which finally allows iPod touch 4G and iPod touch 3G 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 your iPod your iPod touch running iOS 5.0.1 using Redsn0w.
Here are some important points to note before you proceed.