Unfortunately no. Taking a lot longer this time. Even with iOS 4's original release we had our first untethered jailbreak in 42 days. iOS 5 is proving to be a little more bullet proof on A5 chip devices.. :-(.. And unless I miss my guess, I'm pretty sure they'll wait for 5.1 to be released to clear out some more 'alleged' battery issues and other bugs - before they'll release the jailbreak for the 4S and iPad2. There is already a semi-untethered JB for iPhone4 on 5.0.1 and 5.0.+10,000!! Jmills is right on point here. We definitely don't want to waste an exploit for an unteth 5.0.1 JB. We want it 'after' 5.1 is out. And 5.1 is already in beta2 which means Apple will release it shortly. If the devs let out the JB for 5.0.1 then Apple will be able to find and close the exploit 'before' 5.1 comes out. As of now Apple does NOT know of their exploit - so chances are 5.1 will still have the 'coding error' our devs can use to JB 5.1 too. Be a little more patient..