In overall, you find the similar cure offered by
The news was initially announced through MuscleNerd recent tweet, telling that the iPhone-Dev team has updated their tool with iBooks fix and revealing his thanks toward @XVolks for porting it to Corona.
Note: if your iDevices has already jailbreak using the previous version of Redsn0w you can rerun it and don't forget to deselect "Cydia".
And if this your first time, and your iOS device never been jailbroken before. You can follow the steps to untethered jailbreak iOS 5.0.1 firmware with Redsn0w. Or if you have, and prefer using Corona untether, you can follow our guide to install / get Corona in Cydia to fix iBooks crash.
Here are the links to download Redsn0w based on your existing operating systems: