Absinthe was released in January this year, and is currently the only tool which can successfully untether an iPhone 4S and the iPad 2, provided that they are both running on iOS 5.0.1 or earlier.
It now looks highly likely that Absinthe 2.0 will be the upcoming tool which will jailbreak 5.1.1 devices untethered, and also as you’d expect, it will be the only tool out there which will be able to jailbreak the new 3rd-gen iPad.
