With each new day we’re getting closer and closer to a new jailbreak release, but things are still not quite ready. Good news is that infamous Chronic Dev hacker pod2g has successfully jailbroken his third-gen iPad on iOS 5.1. The news follows the previous announcement that he had gotten an untethered jailbreak fully functional on his iPhone 4 running iOS 5.1.
Pod2g still has to work on stabilizing his jailbreak and packaging it for public distribution, but his exploits will work on all iOS devices, including the iPhone 4S.