How To Jailbreak iOS 5? [Guide]

Good news, The well known Hacker iH8sn0w has just announced that the current versions of Redsn0w and sn0wbreeze can jailbreak iOS 5. This is a tethered jailbreak.

iOS 5 Jailbreak Supported Devices:

iPod touch 3G, iPod touch 4G, iPad 1, iPhone3GS, iPhone4 (GSM) and iPhone4 (CDMA)

Remember:

This is a tethered jailbreak meaning that you need to jailbreak your device every time your device reboots or losses power.

First we will need:

• Redsn0w 0.9.9b4 – Download for Windows and Mac
• iOS 5 iPSW – Download from HERE
• iTunes 10.5 – Download from HERE

How to jailbreak iOS 5 ? [Guide]

Step 1: Connect your iDevice with your PC via USB, and open iTunes 10.5 then Restore to iOS 5.0 
Step 2: Start Redsn0w, press on "Extras > Select IPSW" and point it to iOS 5.0 firmware ipsw file.

Step 3: Now select “Install Cydia” and click “Next”. Optionally (if available), you can also select any other option you like.

Step 4: Now make sure your device is both OFF and PLUGGED IN to the computer before you click “Next”.

At this stage you will be presented with a screen where you will be guided on how to enter DFU mode. Quickly hold “Power” button and then while holding the “Power” button, you will now have to hold “Home” button too. Now after few seconds release “Power” button but keep holding “Home” button until installation begins. 
Step 5: Wait until you get iOS 5.0  jailbroken in few minutes. Congratulations.

As we mentioned before the Untethered jailbreak is expected to be released soon. As it was announced that it’s finished and being held for testing on the final version of iOS 5.

[Via]