The Chronic Dev-Team has announced an untether for the4.2.1 .
The untether is demoed in the video below. It’s a result of a collaboration between @0naj, @p0sixninja, and @pod2g. P0sixninja has previously said it will not require4.2b3 SHSH blobs.
Pod2g notes that a small bug remains where the wifi icon doesn’t show up. Once fixed they will package the untether for release.
Stay tuned for further details…