Just over a week the new Ac1dSn0w jailbreak tool for Mac was pulled because it was illegal, this was down to copyright issues, but today you can now download this jailbreak tool again thanks to Ac1dSn0w Beta 2.
The beta 2 version fixes the copyright issues, basically in a nutshell the first version was removed down to legal issues in its coding, this new update is an option for Apple devices running iOS 5 and 5.0.1 on a Mac running OS X Lion or Snow Leopard, you can use Ac1dSn0w on iPhone 3GS, iPhone 4, iPad 1 and iPod touch (4th Gen).
If you visit RedmondPie you can follow their step-by-step guide on how to install, please make sure you read their full article as it gives important information.
If you do decide to install this new jailbreak tool, please remember you do so at your own risk, we here at Phones Review only give out information and are not responsible, but if you do try it out please let us know how you get on. If you decide to go ahead it will result in a tethered jailbroken device.
Read the sources article above before visiting the Ac1dSn0w Beta 2 for Mac download link here. There will be another Ac1dSn0w update soon apparently, more features that includes jailbreaking your device remotely.