Hacker Pod2g posted an interesting video this morning on his blog that shows a working untethered jailbreak performed on the iPhone 4S with iOS 5.0.1. It runs without a hiccup and the device easily reboots after the jailbreak without needing to tether it to a computer. The video is credited to Dustin Howett, a Chronic Dev Team member.

According to Pod2g, with “only a few to wait now,” an untethered jailbreak for iPhone 4S and iPad 2 is around the corner. The video demonstration follows a flurry of Twitter activity last week that indicated that jailbreak community is now close to releasing a jailbreak solution for A5-driven iOS devices running iOS 5.0.1. Note that an untethered jailbreak for non-A5 devices running iOS 5.0.1 has been available since the end of 2011.

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