Recent screenshots from the dev team indicate that an official jailbreak for iPhone 4S and iPad 2 running iOS 5 is coming sooner than later.
Screen shots from MuscleNerd show their jailbreak work in progress. They say that the jailbreak has already been achieved on iOS5, but there are unspecified “hurdles left” before the jailbreak will see a public release.
The jailbreak cat and mouse game as usual between the dev team and Apple… when will this end!?