Hot on the heels of the release of iOS 5.0.1 beta 2 to developers, iOS hacker extraordinaire iH8Sn0w just gave us the heads up on the expiration date of the beta firmware.

According to iH8Sn0w, iOS 5.0.1 beta 2 will expire on December 14th, at 8pm EST. Concretely, this means that you will have to update your firmware before that time, or your device will be completely useless until you restore…

iOS 5.0.1 beta 2 was seeded this morning to developers. We have already confirmed that it can be jailbroken using RedSn0w, which we have demonstrated on video.