Jailbreak iOS 5 5.0/5.0.1 on iPhone 4 iPod Touch iPad with Redsn0w

Download Redsn0w 0.9.9b4 (windows)

Download Redsn0w 0.9.9b4 (Mac)

iOS 5.0.1 for :

iPhone 4S

iPhone 4 GSM

iPhone 4 CDMA

iPhone 3GS

iPad 2 WiFi

iPad 2 GSM

iPad 2 CDMA

iPad 

iPod touch 3G

iPod touch 4G

Steps :

1: Open Redsn0w and select “Extras”.

2. Click “Select IPSW” and browse to where your iOS 5.0.1 firmware is.

3. Go back and click “Jailbreak”.

4. Follow the instructions on screen to put your device in DFU mode.

5. Wait for Redsn0w to jailbreak your device and have it reboot into tethered mode.

6. Click “Back” on Redsn0w, and then click “Extras”.

7. Select the boot tethered option and follow the instructions to put your device in DFU mode again

8. Wait for your device to reboot, and you’re done!