If you happen to consider a tweet Pod2G - hacker and member of the Persistent Dev Workforce – he and his cronies are already in search of more than a few vulnerabilities and exploits to provide a spread of untethered jailbreak iOS 5 , the following working machine to Apple. The jailbreak is just not all the time dying and can at all times be the celebration for the fifth cellular OS of iPhone, iPod contact and iPad path.
Obviously, no release date has been announced as ourselves do not know the final version of iOS 5. Final version is expected soon.
As a reminder, Chronic Dev Team has already proven itself by offering untethered iOS 4.2.1 jailbreak accompanied bootlogos.