It has finally been released. The untether jailbreak for all A4 devices and A5 devices like iPhone 4s, iPad 2, iPad 3, has been released.
This new jailbreak is compatible with ALL devices except for the Apple TV 3.
For those A4 devices that were already running a cydia with a tethered jailbreak, just refresh your sources at cydia and install a package called Rocky Racoon 5.1.1 Untether.
You can download Absinthe 2.0 from the greenpois0n website
Thanks to pod2g, musclenerd, chronic dev team , planetbeing and everyone else for this jailbreak.
Sent from my iPhone 5 using WiiHacks