The Jailbreak community (sometimes impatiently) is eagerly awaiting the release of a jailbreak for the next version of iOS. The iPhone Dev Team have been hard at work readying their tools and they have released the seventh beta of the latest version of their Redsn0w jailbreak tool.
The new version (0.9.10b7) brings the implementation of the Corona A5 jailbreak for the iPhone 4S and iPad 2, which are running iOS 5.0.1. The update brings the ablity for users to re-install the jailbreak in case you have accidently uninstalled it. The developers have also improved the ability to create custom firmware bundles within the tool by adding the ability to directly import your saved SSH blobs from Cydia. The update also offers the ability for the user to view more information about the state of their device for jailbreaking.
You can download Redsn0w 0.9.10b7 for:
And head over to Dev Team Blog for the official release notes and more information about their updated jailbreak tool.