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We've some great news for iPhone 4S, iPad 2 and new iPad users who may have accidentally upgraded their jailbroken iOS devices to iOS 5.1 or iOS 5.1.1.
MuscleNerd of the iPhone Dev team has just revealed that they plan to release a new version of Redsn0w that will allow users to downgrade to iOS 5.0.1.
MuscleNerd has just tweeted:
Upcoming redsn0w supports restoring, including iPad2/3 and 4S downgrades (with blobs) http://twitpic.com/9ixsqv ..also stitches on the fly