"The iPhone Dev-Team has announced that they achieved untethered jailbreak for iOS 4.2.1 for those with their 4.2b3 shsh’s saved on cydia. There is another solution which is in the works by comex but until that solution comes forth, folks who have their 4.2b3 shsh’s saved on cydia can go this route once this jailbreak is made available. This jailbreak is expected to be released around Christmas."
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