Jailbreak iOs 5.0.1? Finnaly we have Corona V1.0-8 - with iBoox fixes!
The Corona v1.0-7 failed to work on the iPhone 4S running iOS 5, so it has been updated to V1.0-8 with fix for this problem.
Saurik informs us that All jailbroken iOS users should install this updated ( iPhone 4S / iPad 2 users included ) except “old bootrom” iPhone 3GS users.
Corona 5.0.1 Untether package is available in the Cydia store.
Here is the full tutorial how to use Corona V1.0-8 to Untethered Jailbreak iOS 5.0.1 tutorial and firmware