New iPad iOS 5.1 Jailbreak Status Update: Dev Team Has Some Good News

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Hot on the heels of news that iPad 2 running iOS 5.1 has been successfully jailbroken by i0n1c, iPhone Dev team has come out with more encouraging news regarding the new iPad and iOS 5.1 jailbreak.They've provided the following details on their blog:
There are a few bits of good news already.

• We can confirm that the method used to jailbreak the iPad2 4 months ago (before corona) still works even in 5.1.  That means we’ll at least be able to get our foot in the door to get the required kernel dumps on the iPad3.  That’s an important step, but by no means is it the end of the story.

• Those of you following @i0n1c may have noticed he’s already tweeted pictures of his iPad2 jailbroken at 5.1.  As far as we know, he’s using a method completely unrelated to the one mentioned above.  That would be great news!

• We’ve also seen bits and pieces of an entirely different jailbreak method being investigated by someone close to the Cydia repo scene.

That’s three different angles, and we’re not even including the continuous work @pod2g makes towards a new jailbreak!  As always, keep in mind this is very preliminary progress, and it’s impossible to predict how or when these things turn out. 
While it is still early to say how long it will take for the jailbreak to be released, it is good to see that the jailbreak community has three angles to work out.