Moreover to increase the tense I would like to inform you that recently a video demoing the iOS 5.1.1 untethered jailbreak posted in Youtube, by a guy that also a Pod2G's brother in arm, named Xvolks. On the video we are presented with a view we wish to happen to our device!
Xvolks uses the updated Absinthe version, Absinthe v2.0. Surely you know Absinthe, by it your current A5 based device jailbroken untethered. Xvolks has utilized the V2 to untethered jailbreak his device, then launch a demo video to show off to our nose that he has preceded us toying its jailbroken iOS 5.1.1 device. Oh mine! Let's watch the video.
Judging by the video, we are double confirmed that the Absinthe 2.0 will be coming in no time. And once it's launched, it's going to be the sole tool to jailbreak the new iPad 3.
Anyway, the video is set private only now by the request of Dev Team.