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pod2g has just tweeted that the release of the iOS 5.1.1 untethered jailbreak for iPhone, iPad and iPod touch is almost ready and the release is just 'a matter of days' away.
Thanks to awesome work of @planetbeing and @pimskeks, we're near ready for a release. Now it's a matter of days.
As reported earlier, pod2g's has tested and confirmed that his untethered jailbreak works on the following iOS devices: