UPDATED: @musclenerd has just posted a YouTube Video with the iPad2 running iO5 unetethered Jailbreak. watch it here! http://www.youtube.com/watch?v=oJVGl1eRW2A&feature=youtu.be
Just a few minutes ago, @musclenerd has tweeted photos of the iPhone 4s Jailbreak. however he has stated that it’s in the early stages and still need a lot of work!
This is great news for users who had the previous iPhones because since they upgraded to the 4s, many of them lost their jailbreaks
One last bit of advice, do not bother the developers about a release date, they work hard and it is very frustrating for them. they, like us. want it in the public just as fast as possible! but it needs to be ready and safe for everyone. Just sit back, relax and plan what jailbreak tweaks / themes you intend to install on your iPhone 4s