For quite some time now, renowned iPhone/iPad/iPod hacker, @pod2g has been working on a jailbreak solution for the iPhone 4S, the new iPad, and some other devices on iOS 5.1. Now, with a video uploaded by him as proof, pod2g, is much closer to publicly releasing this jailbreak solution.

In the video, pod2g demonstrates it on his new iPad.

This jailbreak solution (when it is released publicly) will supposedly be able to jaikbreak the new iPad and the iPhone 4, and apparently, even the iPhone 4S.

Are you excited that you may soon be able to free your A5 and A5X device on iOS 5.1?  Also, you could downgrade to iOS 5.0, and then jailbreak that, but excluding the new iPad.

As always, we’ll keep you updated as it develops.