Pod2G Jailbreaks iPad 3 On iOS 5.1 - Untethered Jailbreak For iOS 5.1 Achieved ~ Geeky Apple - The new iPad 3, iPhone iOS 5.1 Jailbreaking and Unlocking Guides | Jailbreak News, Guides, Tutorials | Scoop.it
From www.geekyapple.com - May 10, 2012 4:30 PM

Pod2G jailbreaks iPad 3 running iOS 5.1. Now he'll try to jailbreak iPad 3 on iOS 5.1.1 and once that is achieved he'll be releasing an untethered jailbreak for iOS 5.1.1 so that all iPhone 4, iPhone 4S, iPad 2, iPad 3 can be jailbreaked using his untethrered jailbreak. All the best Pod2g