I found this link to a 'claimed' untethered jailbreak for iOS5. I'm a bit sceptical though...and have not tried it as yet. Wanted to see what others thought first
LINK REMOVED
Edit: Nothing to look at here... after some further googling, I am almost convinced this is a fake. Apologies for...
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Jailbreaking the iPhone:
How to jailbreak your iPhone:
How to UNLOCK your iPhone:
Why jailbreak...