Apple has released the next iteration of their Mobile software, iOS 5 for iPhone, iPad and iPod touch yesterday at the WWDC conference. The new version comes with more than 200 new features, including a new notification system, Newsstand, which is an iBook like but for magazines and Newspaper subscription, Twitter integration, Safari Reader and Reading List, Reminders, Camera and Image editing Capabilities, Mail updates, iOS-wide built-in dictionary, PC-free for syncing, updating wirelessly, Delta OTA software updates, and iMessage.
MuscleNerd one of key members of the Dev Team has confirmed via his twitter the possibility of jailbreak future on iOS 5, and no matter the fact that it will be a tethered solution at least initially, but the Jailbreak community will love to have their hands on it.
iOS 5 beta is available for developers, with public release planned for this fall.