This is the best news lately if you are an iPad 2 owner. It took a while but the iPad 2 jailbreak is finally here, and this time is not a leak anymore but official. The jailbreak is web based and you’ll need to point your browser, load a PDF file at this point a certain vulnerability in the PDF renderer will execute some code and install Cydia on your iPad. The Jailbreak 3.o is not limited to iPad 2 but pretty much every iOS based device under the sun including Apple TV, iPad 1 and 2, iPhone 3GS, iPhone 4, etc. Unfortunately the upcoming iOS 5closed the vulnerability used for this jailbreak method.
Here is how to do it: