iOS 5.0.1 Untethered Jailbreak for pre-A5 devices released: RedSn0w

If you have been following the development on the iOS jailbreak community, you would probably know by now that the untethered jailbreak has been released for iOS 5.0.1 for all iDevices (except for iPhone 4s and iPad 2). Few hours right after the release announcement, I jumped in immediately to restore my iPhone 4 (which was on iOS 4.3.2) and jailbreak it. Dev-team has release the latest RedSn0w tool (version 0.9.10b2) that includes the exploit to jailbreak the iOS 5.0.1.

There are some pre-requisites before you try and jailbreak your iDevice. Click on for more...
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