iPhone 3GS on iOS 5.0.1

Your State of Jailbreak:

Ready to Jailbreak

Good news! There is a jailbreak available for your iPhone.

redsn0w 0.9.10b1:

redsn0w is a very solid jailbreak that takes just a few minutes to complete and still is about as robust and full featured of a jailbreaking program that you can get. Using redsn0w 0.9.10b1 you get an untethered jailbreak with options including custom bundles and multitasking gestures.

redsn0w 0.9.10b1 Tutorial