Update : JailbreakMe 3.0 Released to Jailbreak iPad 2 , get it now - Click Here.
As we know that there's more than hacker is trying now to jailbreak the most difficult device iPad 2, there's already a competition between Geohot and Greenpois0n developer (P0sixninja) to dump iPad 2, on the other side here's Comex of iPhone dev team is working on his userland exploit to jailbreak iPad 2 too. The updates regarding iPad 2 jailbreak come today from iPhone dev team side, check it out after the jump.
iPad2 update: The iPad2 jailbreak remains under development. As you may know, the original exploit @comex developed in the first week of the iPad2 release was mysteriously fixed by Apple within days of its development. Partly because of this, don’t expect much public discussion of the iPad2 jailbreak until it’s actually finished and ready for release (and please avoid asking about it). In all liklihood, it will be a userland exploit like the first (unreleased) one, not dependent on bootrom dumps. The first one can’t be released even for those with the original 4.3 firmware due to legal (distribution) reasons.You also have to check out full details regarding Geohot vs. P0sixninja competition Click Here.