unfortnately there is no ios 5.1 jailbreak at the moment but it is coming soon. Yet there is a tethered jailbreak for ios 5.1.
iOS 5.1 untethered jailbreak
No. It is just to soon for the devs to get an untethered jailbreak for iOS 6. Plus iOS 6 isn't available to the public just yet.
Yes, if you update it to iOS 5.1.1, there is an untethered jailbreak out.
Yes it is, but it will be a tethered jailbreak as there is still no untethered jb out there
You can jailbreak it semi-tethered but not untethered at the moment. search on Redmond Pie for a tutorial
no one knows yet possible in the near future
It has already been released, the jailbreak provider is called redsn0w.
Go to jailbreakme.com then cross the swipe and good to go!!
Yes you can, There is an untethered jailbreak for iOS 5.0.1 It's called redsn0w
There are only tethered jailbreaks currently available for iOS 6 and 6.0.1 devices, but i'm sure that untethered jailbreaks will be available soon.
Yes, you can use Absinthe 2.0.1 to jailbreak iOS 5.1.1. Here is a website with step-by-step instructions on how to jailbreak: http://www.redmondpie.com/jailbreak-5.1.1-untethered-iphone-4s-ipad-3-ipod-touch-and-more-using-absinthe-2.0-video-tutorial/
You can get an untethered jailbreak with absinthe.