I wait. If you have a 4S, you will loose your jailbreak, possibly permanently. If you have a 4, you can still boot tethered, and with semitether installed so the phone can boot in non-JB mode (without mail and safari) in an emergency you have a slightly inconvenient but viable solution. In my opinion, the minor stuff in 5.1 is not worth it. Some of it (iPhoto) can reportedly even be installed on 5.0.1