Ladies and gentleman, boys and girls, we have hit that time once again in the jailbreak cycle when we can all breathe a huge sigh of relief and raise a glass to the jailbreak producers while we overload their servers attempting to download the new and shiny utility that will provide our devices with freedom. Yes, that is right, I am indeed talking about downloading Absinthe 2.0, the latest version of the Chronic Dev Team tool that brings an untethered jailbreak to the majority of our iOS 5.1.1 devices.

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.

A Chronic Dev-Team member has just tweeted the news that Absinthe, the tool used for the jailbreak of A5 devices (iPad 2 and iPhone 4S) on iOS 5.0.1, has just been updated to version 0.4.

The road to the untethered jailbreak for the iPhone 4S and iPad 2 was anything but smooth, from the beginning of November when Pod2g announced he had found an iOS 5 bug, the journey has been filled with ups and downs and littered with obstacles to overcome. With that being said, the struggle to crack the A5 devices seems to have galvanized the best talent within the jailbreak community, with developers and security researchers coming together to produce an untethered jailbreak iOS 5.0 and 5.0.1.

If ever, we needed confirmation that the world of jailbreaking is still an alive and kicking community-driven activity, then it sure is. Today we are seeing the revelation that the recently released Absinthe tool, which is used to offer freedom to owners of A5 devices received more than one million downloads in a single day.

Yesterday was a rogue day for the jailbreaking community when they were blessed with the first-ever iPhone 4S and iPad 2 jailbreak. Two separate tools were released for jailbreaking A5-based devices, one was Absinthe for Mac by the Chronic Dev Team, and the other one, which was a command line-based tool for both Windows and Mac users by the iPhone Dev Team.

For owners of older iOS devices running Apple’s A4 processor; that good news came on Tuesday, 27th December, with the release of the iOS 5.0.1 untethered jailbreak, dubbed ‘Corona’. But whilst the A4 owners were enjoying their belated Christmas present, the owners of devices running Apple’s new dual-core A5 powerhouse had to look on in envy. If you have been an iPad 2 owner since launch, then you will no doubt remember that, thanks to JailbreakMe 3.0, an untethered jailbreak was possible on iOS 4.3.3, but that’s where the freedom ended.

Ladies and gentlemen, boys and girls, stop what you are doing, go grab your A5 Apple device and prepare to receive the gift of liberation. For the last nine weeks all eyes have been firmly fixed on the individual blogs and Twitter accounts of the teams involved waiting patiently for day when the good news will appear.

The iPhone 4S and iPad 2 owners waited patiently, then they waited some more, and finally after a little more waiting welcomed the Absinthe jailbreak software to the community. Produced by the famous Chronic Development Team, and supported by the conjoined efforts of Pod2g and the iPhone Dev Team, Absinthe offers users the ability to jailbreak iOS 5 and 5.0.1 into an untethered state.