If you have been looking for a tool to perform an untethered jailbreak on your iOS 4.3.2 based device we have some great news for you a new redsn0w release (version: 0.9.6rc14) has arrived for both Mac OS X and Windows.
This untethered jailbreak works with iPhone 3GS, iPhone 4 (GSM), iPod Touch (3rd and 4th-gen) and iPad, sadly there is no untethered jailbreak for the iPad 2 just yet. You can download redsn0w for Windows here and redsn0w for Mac OS X here.
The download for Windows is just 12.3MB in size and the Mac version is slightly bigger, as with most jailbreaking solutions you must realize that this tool must be used at your own risk, that said redsn0w has a great reputation which has been gained since the days of iOS 3.0.
You can find out more about redsn0w 0.9.6rc14 here, we browsed through the comments and lots of people seem to have had a successful experiences, did it work for you?
Hopefully an untethered jailbreak for iPad 2 will arrive soon, when we hear of one we will keep you posted. Good Luck!
Also See: iPad Air 2 battery life concerns