Am I imagining things, or did iOS 5.0.1 beta 1 just drop a few days ago? Now we already have iOS 5.0.1 beta 2?
Either way, it's no big deal for jailbreakers, because as noted, iOS 5.0.1 beta 2 can be jailbroken using the latest version of RedSn0w.
Inside, we'll show you how to do so on video...