This news leads us to the assumption that the untethered userland jailbreak will be released pretty soon, after it's labeled "Okey, it's ready of release!" So, waiting is golden gentlemen and ladies!
With having this news in mind, which means now Pod2G has more times focusing on the A5 untethered jailbreak (iPhone 4s and iPad 2), which is of course takes a lot more efforts and wits. Let's hope for the best. My advice to you now is waiting for the untethered jailbreak public release and do not nothing toward your device and its iOS firmware, or else, some one else get smiling while you are crying. Know what I mean? :D
Let's read what Pod2G has said concerning the latest A4 and A5 untethered jailbreak, I took what he says on his blog and make it as screenshot:
Update: the jailbreak is already release: please visit Download Corona A4 iOS 5.0.1 Untethered Jailbreak and Download Redsn0w 0.9.10b1 to Untethered Jailbreak A4 5.0.1 Firmware.