A lot of jailbreakers have one big question.
Q: Whats the Curent Situation about the untethered jailbreak for iOS 5 and iOS 5.0.1?

iPhone hacker from iPhone Dev Team Pod2G wrote about last situation about untethered Jailbreak:

7 December: Hey jailbreaking friends, I’ve found a bug that can untether iOS 5. Don’t expect a release soon, but I’m gonna work hard in it.

9 December: Note about 5.0.1 : don’t update if you plan on jbking : the bug Charlie MILLER found can simplify exploits dramatically and will be closed.

9 December: Tons of questions from my nice followers. Too early to answer. Will work on iOS 5.0.1, will try iPad 2 and 4S after others are ready.

Original video from Pod2: