redsn0w can kinda-sorta jailbreak iOS 4.3.4
After Friday’s release of iOS 4.3.4, jailbreakers have been on edge waiting for the Dev-Team to tell them whether or not its safe to attempt a jailbreak. Well we now have word, and it’s not exactly ideal. While it is possible to jailbreak iOS 4.3.4 via redsn0w, it’s a tethered jailbreak, meaning that you’ll lose your jailbreak the the moment you unplug your device from your computer. So unless you have nothing better to do with your time, steer clear for now.
[Dev-Team Blog via BGR]