Redsnow has ben further updated to version Redsn0w 0.9.10b3 which fixes a problem where re-running Redsn0w over an existing iOS 5.0.1 jailbreak would cause MobileSubstrate-based apps to stop running . To fix this problem you have to re-run Redsnow over your existing iOS 5.0.1 jailbreak and deselect “Install Cydia” option to avoid any package issues .
Note : If Redsnow fails to detect the ipsw version and returns the following error “No identifying data was found” you should select the appropriate iOS 5.0.1 IPSW file by going to “Extras->Select IPSW” before beginning the jailbreak process as explained in details here .
Download and Installation :
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Edited and Published by Sourish