We’ve had the great news of Pod2G jailbreak exploit. There’s still more to this, Pod2G exploit will jailbreak iPad iOS 4.2 when iOS 4.2 is finally released in November (expected) this year. The latest bootrom exploit is also said to work well to jailbreak iPod Touch 4G on iOS 4.1. Earlier tests included iPhone 4 alone, now MuscleNerd of iPhone Dev Team has confirmed it saying:

That latest exploit from @pod2g confirmed to work beyond iPhone4…also on at least iPad and yesterday’s iPod4G too

This certainly is a great news. So, you can expect iOS 4.1 & 4.2 jailbreak to be released after Apple rolls out iOS 4.2 for iPad this fall. Stay tuned for more.