Yes, this is the result of pod2g's hard-work.
Untethered iOS 5.0.1 jailbreak for A5 chips ( iPad 2/iPhone 4s )
Is done by @pod2g with the help of other great hackers.
This is a video by a friend of pod2g shows an iPhone 4s works perfectly with the new jailbreak on iOS 5.0.1 :
So we're expecting a release in a few days as pod2g said.
As soon as it's released we would be the first to post a full guide of how to install it.
That is all folks
Thank you for reading,
