Early this morning pod2g, a reputable iOS hacker and developer, released a video demonstrating his untethered Jailbreak for 5.x on his iPod Touch third generation.
After pod2g’s Jailbreak is complete and working for all pre-A5-based devices, he mentioned that he will work on getting it compatible with the iPhone 4S and the iPad 2. He also confirmed that his Jailbreak will indeed work for iDevices on 5.0.1:
Here’s the video demonstration of pod2g’s Jailbroken iPod Touch (third generation) rebooting:
With that said, stay tuned and check back often for more news related to the untethered 5.0 and 5.0.1 Jailbreak!