The long wait for an untethered jailbreak for A5-powered devices is finally over. The iPhone-Dev Team has just released a new update on its blog, confirming that the Dream Team of jailbreakers is nearly ready for a general release of the untethered jailbreak for iPhone 4S and iPad 2.

All technical hurdles dealing with the underlying technique have been overcome, and it's now all about making the jailbreak as bug free as possible, the blog post reads. We're now near the final stages of testing the public version of the jailbreak.  Please allow time to clean up any remaining bugs in the jailbreak clients.

Corona A5 jailbreak nearly ready to pop...please read carefully!, MuscleNerd tweeted on Friday.

On their blog, the iPhone-Dev Team has revealed some key information regarding the highly anticipated exploit. The jailbreak will come in the form of a utility with a GUI (graphic user interface) created by The Chronic Dev Team. The utility will run for both Mac and PC users.

In addition, the iPhone-Dev Team will also incorporate the same flow into a CLI (command-line interface), allowing a manual jailbreak for the users who prefer the non-traditional method.

Jailbreak Programs:

To be as flexible as possible, the A5 version of the corona jailbreak will take multiple forms:

-  Chronic Dev have incorporated the overall flow into a GUI that runs on your Mac or PC

-  iPhone Dev have incorporated the exact same flow into a command-line interface (CLI).  This will allow us to help users through individual steps of the jailbreak manually, to both help the user and help improve the overall flow.  Although the CLI will also allow the user to perform the entire jailbreak from beginning to end, we anticipate it will be more useful in debugging the occasional errors.  The CLI currently has over 20 individual options (in addition to the single jailbreak option) that should be useful during debug after the GUI release.

-  Once all the bugs in the flow are worked out, we'll also incorporate it into the redsn0w GUI (but still leave the CLI freely available too).  In order to maximize the chances of the jailbreak working for everyone, the redsn0w GUI will use native Apple iTunes libraries - this technique is slightly different than how the Chronic Dev GUI handles communications, and should provide nice combined coverage for all the odd computer configurations out there.

According to a report by Limera1n, the iPhone 4S and iPad 2 jailbreak will be released via Redsn0w (iPhone Dev team), Greenpois0n (Chronic Dev-team), Sn0wbreeze (ih8sn0w) and maybe Ac1dsn0w.

Supported Firmware:

-  iPhone 4S: 5.0 (9A334), 5.0.1 (9A405) and the other 5.0.1 (9A406)

-  iPad 2: 5.0.1 (9A405)

For The Users Who Want to Unlock Their iPhone 4S:

iPhone 4S owners who want to unlock their devices to maximize their chances of achieving an eventual software-based carrier unlock should be staying at 5.0. In case any user has already updated to 5.0.1, it's too late to go back down to 5.0.

However, if the user is on iOS 5.0.1 9A406, it is possible to downgrade the baseband by going to the 9A405 version of 5.0.1.

The hackers are using an unusual flow for the first time in which both GUI and CLI have been used to insert the A5 corona untethered jailbreak. Since there could be unforeseen problems once the jailbreak released to the public, users are highly recommended to sync their data, photos, and music before attempting any version of this jailbreak.

According to the iPhone-Dev Team, as soon as testing shows most of the bugs have been fixed, the A5 untethered jailbreak will be made available for public use.

MUST READ: iOS 5.0.1 Untethered Jailbreak: iPad 2 Jailbroken, 'Dream Team' Releases Photos

MUST READ: iOS 5.0.1 Untethered Jailbreak: iPhone 4S Will Support iOS 5; iPad 2 Not Confirmed