Last month, I posted a slightly controversial article entitled: 3 reasons why jailbreaking is waning in popularity. In it, I highlighted several points as to why jailbreaking was on a downturn. In hindsight, although I still stand by the post, I probably should have qualified my reasoning a bit better.
The real reason that jailbreaking is "waning" if you will, is because there simply is no jailbreak available for new devices. The recent bar graph showing jailbroken devices proves as much. I tried to say that, but I don't think it came across that way. Whatever the case may be, it looks as if that primary reason will soon no longer apply.
Hackers pod2g, planetbeing, and others have been working diligently on the iPhone 5/iOS 6 jailbreak for quite some time now. They've made great progress, as highlighted in Mike's post about the collaborative effort.
In fact, things are going so well, that one famous hacker in particular has just proclaimed that the future is looking bright for jailbreaking...