Semi-tethered jailbreak is already available for some devices for both iOS 5 and iOS 5.0.1. But we all want untethered jailbreak and we want jailbreak for iPad 2 and iPhone 4S. So why not help hackers to find new exploits and vulnerabilities?
The Chronic Dev-Team has a released a tool to collect crash reports from iOS devices in order to find vulnerabilities that could lead to an untethered jailbreak.
The idea is very simple. When your iPhone, iPad or iPod Touch crashes it sends data to Apple (you can turn it this off though). Apple uses these reports to update iOS in the future. By the way, it also uses them to fix exploits found by jailbreakers. P0sixninja says that Apple closed several exploits they have found in IOS 5 beta before the final version of the software was released.
In order to find more vulnerabilities as fast as possible, the team has developed a tool which will copy the crash reports from your device and analyze them to locate potential exploits. The tool will also remove the crash reports from your device and modify your iTunes installation to prevent uploading of that diagnostic information to Apple.