iPhone hacker pod2G has released a video of an untethered jailbreak for iOS 5 running on an iPhone, which you can see below, although there are no details as yet on when the jailbreak will be released.
At the moment the only way iOS devices other than the iPhone 4S and iPad 2 can be jailbroken is with either a tethered or semi-tethered jailbreak, have a look at the video of it in action below.
Have a look at our handy guide on the difference between the iPhone 4 and iPhone 4S and also the difference between the iPhone 4S and iPhone 5 to see all about the new iPhone 5.
