Pod2g has announced the successful untethered jailbreak of the iPad 3 on iOS 5.1. Up next, he will try to jailbreak on iOS 5.1.1.

Hey. iPad 3,1 running iOS 5.1 untethered. Next on the list: stabilizing the payload, then trying 5.1.1.

If it works on iPad 3 and iPhone 4, I can say it'll work on any device. The ATV3 may be out tho… :/

Last week, pod2g announced that he had performed an untethered jailbreak of the iPhone 4 on iOS 5.1. We still haven't received any confirmation that his exploits will work on iOS 5.1.1; although, @pimskeks said his 'exploits are still good on 5.1.1' which is a good sign.

While there is still no ETA on the new jailbreak yet, looking at all the progress made, it shouldn’t be too long before it is released. It’s best that the necessary tools are tested out properly by the devs before they are released to the public, we don’t like our iPhones, iPads and iPod touches with grey icons on the home screen now do we?

Those users who haven’t updated their new iPad to iOS 5.1.1 are highly advised not to update at any cost, until Pod2g gives us the green light.