@comex, a member of the Dev-team has been working hard on an iPad2 jailbreak since the device was released.. The jailbreak will use another PDF exploit via jailbreakme.com and support iOS 4.2.1-4.3.3. Last night, however, one of the jailbreak beta testers leaked the exploit online. This version of the JailbreakMe 3.0 exploit has not been confirmed by the Dev-Team or @Comex himself. Many users have reported that this exploit only works with WIFI-only iPads and issues with Safari crashing.
We must reiterate that this Jailbreak has not been confirmed by the Dev-Team to be working or even safe. Several iPad2 Jailbreak related malware have been distributed recently, so proceed with caution if you must attempt to use this leak. Hopefully we will hear from the Dev-Team or even receive an official iPad2 Jailbreak soon.