It seems there was quite a bit of jailbreak-related news over the weekend. First and foremost, it looks like pod2g’s jailbreak of iOS 5.1.1 is nearly ready for public release. Second, it looks like the public tool that will be released is going to be named Absinthe 2 (the tool that was released for jailbreaking iOS 5.0 back in January was called Absinthe).

The Absinthe news isn’t especially surprising. What’s really exciting is the fact that, according to pod2g, the public jailbreak of iOS 5.1.1 is “a matter of days” away. Yesterday he posted the following tweet:

Since then, more information has been coming fast and furious. Yesterday iPhone hacker xvolks, who is a good friend of pod2g, tweeted that he had tested Absinthe 2.0 on his iPhone 4 running iOS 5.1.1. He even posted a video of the tool in action, though pod2g asked him to remove it:

Today, some more information is being released for those who plan to jailbreak their devices. Last week pod2g posted a list of tested devices for the jailbreak. Today Musclenerd has tweeted an info sheet with some basic details about the upcoming release:

Pod2g posted the same info sheet to his blog, and advised that those who wished to do so could go ahead and update their devices to iOS 5.1.1:

Now, updating to iOS 5.1.1 will kill the jailbreak on an already-jailbroken device, so if you’ve got a jailbroken iPhone or iPad (or iPod Touch) you might not want to click the update button until Absinthe 2.0 actually releases. Fortunately, though, it’s looking like that’s going to be very soon indeed. We’ll let you know when it actually releases, or if any new information about when it will release becomes available. You can keep track of our jailbreak-related coverage here.