The recent update of Absinthe has left many prospective jailbreakers drunk with excitement, and given it even provided iPad 3 users with their first taste of jailbreak freedom – untethered no less – the joyous reaction is most certainly justified.

We are once again sitting right in the middle of that beautiful time period when updated jailbreaking tools are available, which allow us to free our iOS devices from their technical shackles. For those who have been sitting with an iPhone, iPod touch or iPad running Apple’s iOS 5.1.1 firmware, you will no doubt be aware that after weeks of hard work and research, Pod2g and his team have released an untethered jailbreak for all existing iOS devices, excluding the third-generation Apple TV.

Those who are familiar with the world of jailbreaking will no doubt know that the next couple of days represents a great time for the community, with Pod2g and his band of merry men almost ready to push the button and release their iOS 5.1.1 untether jailbreak, which will liberate all devices capable of running the latest firmware, with the exclusion of the third-generation Apple TV. Whether you believe in coincidence or not, the main players in the production of the jailbreak all happen to be under one roof at the Hack In The Box security conference (HITBSecConf) in Amsterdam.

Earlier today, Pod2g took to his Twitter timeline to confirm to the world that his upcoming untethered jailbreak for devices running iOS 5.1.1 is in its final stages, and will be released in the coming days, but no exact ETA was given. And now, Xvolks, who is a part of Pod2g’s jailbreak team has shown off the untether in action on video using an updated version of the tool which gained a lot of fame and attraction a few months back, Absinthe.