FireCore has released an updated version of their jailbreaking tool – Seas0nPass 0.8.4 to support tethered jailbreak for Apple TV software update 5.0.1 (aka iOS 5.1.1) for Apple TV 2.
Apple had released Apple TV software update 5.0.1 couple of days back, which allows previews of movies and TV shows to be seen in HD and also includes some bug fixes.
Seas0nPass 0.8.4 released. Adds [tethered] support for ver. 5.0.1 (iOS 5.1.1) on ATV2. ATV3 update still in progress.
FireCore has reported that they’re still working on the jailbreak for Apple TV 3. It looks like the untethered jailbreak for Apple TV 3 may take longer as pod2g had said that his untethered jailbreak will work on iOS 5.1.1 devices such as iPhone 4S, iPhone 4, iPhone 3GS, iPad 3, iPad 2, iPod touch 4G and iPod touch 3G and Apple TV 2, but may not work with Apple TV 3.
Jailbreaking Apple TV 2 enables users to install aTV Flash (black), which adds new features to the second generation Apple TV such as web browsing, Last.FM access, support for HTML5 video sites, stream media from most NAS devices and lots more.
You can download the latest version of Seas0nPass from here.