sn0wbreeze 2.9.4 was released by iH8sn0w, it makes untethered jailbreak for iOS 5.1.1

  IERI (Yesterday) Chronic Dev Team has officially released Absinthe 2.0 which does untethered jailbreak for iOS 5.1.1, and iH8sn0w hurried to update the sn0wbreeze program to allow us to make custom jailbroken ipsws for this version of iOS. sn0wbreeze 2.9.4 is now available for everyone, it ONLY works on Windows and is ONLY compatible with iDevices released before iPad 2. Until a few months ago, sn0wbreeze was the only program that allowed us to make a custom ipsw jailbroken for iOS , but redsn0w does the same thing, although sn0wbreeze offers a bit more functionality.

  sn0wbreeze 2.9.4 is not compatible with the build either 9B208 of iPhone 4 GSM which was released last night, but it is compatible with Apple TV 2G, so you can use it to make a custom ipsw jailbroken for that device. You can download sn0wbreeze 2.9.4 from here, but it is advisable not to use it yet, because iH8sn0w has the habit of solving the functionality problems of the program in the days immediately after the launch.