Absinthe 2.0 hits the download wire, jailbreaks all iOS 5.1.1 devices but the 32nm iPad 2

Engadget - Absinthe's "so-easy-your-grandma-cou ld-do-it" jailbreak tool just got an update to version 2.0, enabling support for a handful of Apple portables running iOS 5.1.1. Absinthe 2.0, which was developed by the "Jailbreak Dream Team" (Chronic-Dev and iPhone Dev) joins Redsn0w's tool, and will support all iPhone and iPad versions, with the exception of iPad2,4 -- the most recent iPad 2 variant, shipping with a 32nm A5 chip.

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