In a Twitter update posted recently to his account, iOS hacker @pod2g announced that he and his “jailbreak dream team” have all the exploits required in order to craft a jailbreak solution for iOS 5.1. Though this doesn’t mean we’ll see a jailbreak in the next few days (or even in the next few weeks), it does mean @pod2g and his colleagues are on the right track.

The tweet read:

As iDownloadBlog explains:

ASLR, which stands for Address Space Layout Randomization, is a complex security method used to randomize data on the RAM to help prevent exploits from taking control of the system.

Last year, @pod2g led the effort to jailbreak the iPhone 4S and was ultimately successful, meaning if anyone is fit to effectively curate a jailbreak solution for iOS 5.1 (and hopefully the new iPad, too), it’s him. As mentioned, though finding all the exploits for this version of the mobile operating system does not necessarily foreshadow the imminent launch of a jailbreak for iOS 5.1, it does mean everything (so far) is going to plan, which is great news for all the jailbreak fans out there.

If any more news hits the Web, we’ll let you know. In the meantime, you can follow @pod2g’s Twitter account for regular updates on the iOS 5.1 jailbreak effort.