Jailbreak iOS 5 beta 4 NOW!
Redsn0w 0.9.8b4 (Windows & Mac) info on 5.0 b4 Firmware & Written Instructions:
Devices it works for:
iPod Touch 4G/3G
iPad (not including the iPad 2)
Keep in mind that this is a tethered Jailbreak! Read the information on the page listed about to find out what that means.
Video By iCrackUriDevice