Comex, the infamous iPhone hacker behind tools like Spirit, JailbreakMe and Frash just confirmed on Twitter that all iPhone 4/3GS (New Bootrom), iPod Touch 4G/3G/2G (MC) and iPad users will get untethered iOS 4.2.1 jailbreak on their devices as a Christmas present.
According to Comex, all those who have SHSH blobs saved for iOS 4.1 or earlier will get iOS 4.2.1 untethered jailbreak on their iDevices. Earlier today, MuscleNerd, who happens to one of the core members of iPhone Dev-Team demoed iOS 4.2.1 untethered jailbreak on iPod Touch 4G which according to him is valid for other iDevices also. Jump to the video after the break.
UPDATE 1: Dev Team's Update [Untethered iOS 4.2.1 Jailbreak for iPhone 4 Coming on Christmas]Contact Us for News Tips, Corrections and Feedback