New Redsn0w Release Will Allow You To Downgrade Latest iOS Devices For Jailbreaking [Jailbreak]

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Say hello to untethered jailbreaking again.
This is what downgrading an iPad 2 looks like.

If you’ve updated your iOS devices past iOS 5.0.1, then you would have lost your untethered jailbreak. Hackers are working on a solution for Apple’s latest firmware, but it’s expected to be at least several months before it makes its public debut.

Fortunately, there is hope. The upcoming Redsnow release will allow you to downgrade your A5-powered devices — the iPhone 4S, iPad 2, and the new iPad — so that you can reinstate your untethered jailbreak.