Jailbreak 5.0.1 Untethered (iOS 5) – iPhone 4, 3GS, iPad, iPod Touch 4G, 3G

There are two ways to jailbreak iOS 5.0.1 untethered. If you are already on a tethered jailbreak, you can just download a Cydia package, and if not you will just need to run Redsn0w on your computer. NOTE: This will not work for the iPhone 4S or iPad 2, although those jailbreaks should be coming