George Hotz has reviled a little about their underdeveloped application which will enable iPhone and iPod Touch or maybe iPad users to perform untethered jailbreak for their devices.
According to George Hotz:
“The jailbreak is all software based, and is as simple to use as blackra1n. It is completely untethered, works on all current tethered models(ipt2, 3gs, ipt3), and will probably work on iPad too.”
Watch out the following video demo of untethered jailbreak for iPhone.