The untether is for iOS 5.0.1 on iPhone3GS, iPhone4, iPhone4-CDMA, iPad1, iPod touch 3G, iPod touch 4G. If you have one of those devices and are not on 5.0.1 yet, update now! The SHSH window is still open for 5.0.1 If you unlock via ultrasn0w or gevey, make sure you only get to 5.0.1 via a custom IPSW! See the guides at places like iClarified.com if you don’t know how. Once you’re at 5.0.1, use the latest redsn0w 0.9.10 to both jailbreak and untether.
A huge iOS 5 Jailbreak scam went out early this morning hitting dozens of auto reposting news sites across multiple sources offering an “ios 5 jailbreak” solution. Several hours after the news many sites pulled it, but PRWEB is still listing the release for one of these companies as of this writing, and a few more are still kicking around.