iOS 5.0.1 gets untethered jailbreak, still iPad 2 and iPhone 4S not compatible

Most of the iOS devices are finally going to stay jailbroken with the new untethered jailbreak for iOS 5.0.1. It works on every iOS 5-compatible gadgets but the A5-based ones (the iPad 2 and the iPhone 4S).

The exploit was discovered by pod2g and is now implemented into the latest redsn0w and PwnageTool.