Update : JailbreakMe 3.0 Released to Jailbreak iPad 2 , get it now - Click Here.
Here's some new updated regarding iPad 2 jailbreak, i0n1c, the guy behind iOS 4.3.3 / 4.3.2 / 4.3.1 untethered jailbreak flavor for all iOS devices except iPad 2, is working now independently on iPad 2 jailbreak. i0n1c has mentioned via his Twitter that he will no longer give exploits for free.
Veeence, who is a good source of jailbreak news, has confirmed the same and mentioned that iPad 2 jailbreak's codename is Elevator, so that upcoming iPad 2 jailbreak may be called Elevator (not confirmed).
iPad 2 Jailbreak ETA : Veeence also expected that i0n1c may release jailbreak for iPad 2 before Comex. Moreover, when we found i0n1c talking now about money that may indicates that he finished the long awaited jailbreak. I know that iPad 2 owners became impatient, but we only have to wait and see.
You may also like to see free teams as Geohot iPad 2 jailbreak battle and Comex's one.