To the surprise of many of us, Apple released iOS 6.1.1 today for the iPhone 4S. Fortunately, @planetbeing has reiterated the fact that the evasi0n untethered jailbreak works with iOS 6.1.1 perfectly fine.
Living up to that promise, the evad3rs just a few moments ago, released their update to evasi0n with iOS 6.1.1 support in tow. We have tested out the jailbreak for ourselves, and can confirm that the process is exactly like the previous jailbreak process, except it now works for iOS 6.1.1.
If you feel like doing so, it is now okay to go ahead an update to iOS 6.1.1, and re-jailbreak your iPhone 4S with the latest version of evasi0n. One thing that must be kept in mind, however, is that the iOS 6.1.1 update will most likely update your iPhone 4S' baseband. So, if you're relying on some sort of unlock like UltraSn0w, it's advisable that you hold off for the time being. Those of you who are factory unlocked won't have a problem.
Check inside for the full tutorial and video walkthrough.