I highly debated whether or not to post this, but after some going back and forth, I decided that it was for the best to shed some light on this subject in an attempt to cut down on confusion.
Apparently there is a new jailbreak tool "available" (you'll see why I used quotes in a second) that allows you to perform an untethered jailbreak on iOS 5.1.1 for A4 devices.
The tool is called VulnDisco Mobile 1.7, and it is a commercial product that takes advantage of the existing RedSn0w 5.1.1 tethered jailbreak to install a custom bundle for an untethered jailbreak.
While I've yet to find any details on how much the jailbreak will cost in total, in all likelihood it will set you back much more than the cost of an iOS device itself. That's because this jailbreak is not a standalone product, but it's an add-on to a larger product created by a company named Immunity.
While the average user won't have the necessary resources to access this jailbreak at all, there are still some lingering concerns surrounding its release. Check inside for the full story...