5.0b2 can be jailbroken w/redsn0w from 2 wks ago http://is.gd/6eek4Y (must point redsn0w at 5.0b1 IPSW)..devs ONLY please
At the moment, Sn0wbreeze and Redsn0w are both iOS 5 capable and allow developers to perform a tethered jailbreak on their iOS devices. After the above tweet, @MuscleNerd also informed that the “trcik” that is being used to jailbreak all iOS 5 devices will also be compatible with future iOS 5 releases which is certainly good news. Unlockers and users should definitely stay away from this jailbreak until the jailbreak community gives them the green light.
You can also follow us on Twitter for updates.