The A5 jailbreak for the iPhone 4S is making excellent progress. Chronic dev team member @DHowett posted a video to YouTube that shows an iPhone 4S with an untethered jailbreak for iOS 5.0.1. The short video shows Cydia running on the handset and the phone resetting without the need to connect it to a computer.

Pod2g, who's working on the jailbreak along with @planetbeing, @MuscleNerd and@p0sixninja, confirmed the video is the real deal and hinted that the jailbreak will be released soon.

[Via The Verge]