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zie pod2g's blog:

pod2g's iOS blog
Friday, January 20, 2012
iPhone 4S and iPad 2 untether to be released real soon

Hello dear readers,

I know the wait was long, too much long, but it's about to end! You'd be able to free your iPhone in some hours.

A tool named Absinthe and developped by the Chronic Dev Team will install the untether on your device. Also the iPhone Dev Team will release a CLI (command line) tool to help diagnose issues and repair things if it goes wrong.

This is a little scary I know, but the chance you break something is really small, since we made lots of tests to verify the process on different devices. But it is the first time we use the backup / restore functions of iTunes to install software, and there are maybe things we are not aware of.

As you already know, different security researchers put a lot of energy to work out the different issues we had to install the untether on new devices.

Thus, a unified PayPal account was opened so that everyone who worked on the A5 exploits will receive a fair split of your contributions. Here is the link : contribute
As usual, contributions are not needed but are appreciated by developpers. By the way, thank you very much again for everyone who already participated. This is real nice.

Here is the complete list of Absinthe supported devices :

iPhone 4S running iOS 5.0, 5.0.1 (9A405 and 9A406)
iPad 2 Wi-Fi/GSM/CDMA running iOS 5.0.1