Corona 5.0.1 Jailbreak Updated to V1.0-8
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.
Corona 5.0.1 Jailbreak Updated to V1.0-8
Here is the full tutorial how to use Corona V1.0-8 to Untethered Jailbreak iOS 5.0.1 tutorial and firmware
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Stephan Popov
When iDevice users experience problems with the iOS software or unlocking, it is not uncommon for their lives to unravel. My passion is providing answers to your problems. I help iPhone, iPad and iPod Touch users by recommending fixes for common iOS bugs and tools that improves your experience. I conduct in-depth research for every topic i cover on this blog, to ensure that I cover everything Apple users need to troubleshoot their issues. When not writing for UnlockBoot, i enjoy swimming in my backyard pool. P.S. i prefers the Maldives for holidays. Connect with me on Facebook, Google Plus and Twitter.