Corona developer pod2g tweeted a quick update about his iOS 5.1 jailbreaking progress. The iPhone developer wrote: "Heya! My iPhone 4 running iOS 5.1 is now untethered." In April, pod2g announced that he had acquired all the exploits required to complete a new jailbreak. This latest announcement is good news since it shows that he has made some progress since we last checked in with him.
iOS hackers have been busy working on a new exploit since the release of the iPad 3 in March. Dev Team member MuscleNerd and Chpwn both tweeted pictures of a jailbroken iPad 3 running Cydia 1.1.5 shortly after the tablet was released. However, Chpwn warned that a new jailbreak "could be months away from a public release."
It's unknown if pod2g's new exploit will work with A5 devices, or when it will be complete. But it's nice to know he's still working hard on a new jailbreak.