Here is a video of a working iPhone 4S jailbreak video released by Pod2g . The video is created by @DHowett using iPhone 4S running iOS 5.0.1 showing the untethered version of the jailbreak with Cydia installed . @DHowett is an iOS developer and a member of the Chronic Dev Team.
Check out Jailbroken iPhone 4S in Action : YouTube Video
There is no official ETA on the release of the jailbreak tool but you can expect the good new in a couple of days . There is no Unlock for iPhone 4S yet . Stay Subscribed to our Blog for latest 24×7 Updates .
Update : Apple has reportedly fixed the Corona untethered jailbreak exploit in iOS 5.1 . If you have not upgraded your iPhone 4S , iPhone 4 to iOS 5.0.1 , you should do it now before the next iOS update is released .
iPhone 4 users can get the complete jailbreak tutorial for iOS 5.0.1 untethered here. Also supports iPhone 3GS m iPad 1st generation , iPod Touch 4 and iPod Touch 3G .