iOS 5.0 released

The long awaited iOS 5.0 had finally been officially released.
Update your iTunes to latest version (10.5), connect your iDevice, hit Help > Check for Updates and you're good to go!

In case the download in iTunes is not stable, you may use below direct download links. All links are directly from Apple download server.

iOS 5 Direct Download Links

iPhone 4S: iPhone4,1_5.0_9A334_Restore.ipsw
iPhone 4 (GSM): iPhone3,1_5.0_9A334_Restore.ipsw
iPhone 4 (CDMA -Verizon): iPhone3,3_5.0_9A334_Restore.ipsw
iPhone 3GS: iPhone2,1_5.0_9A334_Restore.ipsw

iPad 2 WiFi: iPad2,1_5.0_9A334_Restore.ipsw
iPad 2 GSM: iPad2,2_5.0_9A334_Restore.ipsw
iPad 2 CDMA: iPad2,3_5.0_9A334_Restore.ipsw
iPad: iPad1,1_5.0_9A334_Restore.ipsw
iPod touch (4th generation): iPod4,1_5.0_9A334_Restore.ipsw
iPod touch (3rd generation): iPod3,1_5.0_9A334_Restore.ipsw


As for the Jailbreak, there is only tethered jailbreak for iOS 5 at the moment. For instruction on how to jailbreak your device, you may visit this website: GuideMyJailbreak.com