Musclenerd announced a very good news on his twitter handle, Monte technique is successfully modified to use iOS 4.1 SHSH in place of iOS 4.2.1b3 SHSH, so that anyone who has had jailbreak earlier (iOS either 4.1 or earlier) may make an untethered IOS jailbreak 4.2.1 very soon.
Yesterday we told you about Video Demo of the Greenpois0n : iOS 4.2.1 Untethered Jailbreak. We can expect an imminent release either from iPhone Dev team or Chronic Dev team.
For more news on this project or other stuff Make Sure to subscribe to our free once in a day e-mail news letter to get all the Latest updates on Apple related hacks and news directly in your Inbox. Which will provide you with all the news before anyone else knew about it. You can also join us on Facebook and Twitter.