Two days ago new untethered jailbreak tools called Absinthe Jailbreak for iPhone 4S and iPad 2 had been finally released. Over 10 hackers prodive treir unique exploits to bring full stable untethered A5 jailbreak to iGadget lovers. Absinthe 0.1.2-2 tool has been supported the following devices:
  • iPhone 4S running iOS 5.0, 5.0.1 (9A405 and 9A406)
  • iPad 2 Wifi/GSM/CDMA running iOS 5.0.1
Here is complete guide: