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It is a tethered jailbreak and has been available since the day Apple released the 5.1.1 firmware update.

@pod2g is finishing up his untethered jailbreak for 5.1.1 firmware
 
It is a tethered jailbreak and has been available since the day Apple released the 5.1.1 firmware update.

@pod2g is finishing up his untethered jailbreak for 5.1.1 firmware

Ah yeah I've seen the tethered JB from the start but since this didn't say tethered in the title I thought it was new. All these blogs/sites omit tethered in the title to get readership.
 
Ah yeah I've seen the tethered JB from the start but since this didn't say tethered in the title I thought it was new. All these blogs/sites omit tethered in the title to get readership.

Probably right, but tethered is better than nothing. Only new iphones seldom has shsh saved, most members just downgrade with ease and they are good to go.

BTW when untethered is released, we`ll be surely seeing it up in the title
;)
 
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