Yes you read that right ! The famous iPhone developer and hacker Comex, who previously released userland jailbreaks such as Spirit and JailbreakMe, has done the magic yet again !

@chpwn: by @comex: http://t.co/osP6lz
@comex: would’ve had it yesterday if I didn’t have to spend 1.5 days looking for a replacement exploit (which came from a most unexpected place…)
@iphone_dev: Congrats to @comex for jailbreaking yet another brand new device (iPad2) while 2500 miles away from it!

In the image attached above, you can clearly see a jailbroken iPad 2 running Cydia.
There is no ETA yet. It will be released when it is done.
We will keep you updated ! Stay tuned !