It is finally here! An untethered jailbreak solution for those on Apple’s new A5 chip, more specifically iPhone 4S and iPad 2 users, is finally out now and is called Absinthe A5. The tool is available to us as a result of combined efforts from the Chronic Dev Team, Pod2g and iPhone Dev Team, and jailbreaks any iPhone 4S or iPad 2 running on iOS 5 or iOS 5.0.1 without the need to tether it to your computer every time you reboot.
Currently, Absinthe is available to download only for Mac users, though those on Windows or Linux wont have to wait much longer. Just a matter of time..
Meanwhile, those on a Mac can go ahead and download Absinthe and jailbreak their iPhone 4S running iOS 5.0, 5.0.1 (9A405 and 9A406) or iPad 2 WiFi/GSM/CDMA running iOS 5.0.1.