The new comes from pod2g’s new blog post today in which he says that the Chornic Dev Team will release Absinthe jailbreak tool in some hours. The iPhone Dev Team will also release a command line tool which will help you to fix issues you face during the jailbreak.
A tool named Absinthe and developped by the Chronic Dev Team will install the untether on your device. Also the iPhone Dev Team will release a CLI (command line) tool to help diagnose issues and repair things if it goes wrong.
This is a little scary I know, but the chance you break something is really small, since we made lots of tests to verify the process on different devices. But it is the first time we use the backup / restore functions of iTunes to install software, and there are maybe things we are not aware of.
As you already know, different security researchers put a lot of energy to work out the different issues we had to install the untether on new devices.
Stay tuned for the big release tonight. We’ll be on the news!