Trying To exploit Iphone 4 5.0.1 With RedSn0w Getting Exploit Failed before i even get to this : http://www.iphoneil.net/wp-content/uploads/2011/12/6.jpg What can i Do ?
Try to use the option of manually pick the firmware. Also, use the latest redsn0w which is beta 3. Yours still showing beta 1.