|Photo courtesy Macrumors|
Sorry to disappoint you regular users such as myself but since the iPhone 5 has a completely new chip as well as a completely new operating system, it's simply not an easy task.
The good news is that even if the tethered jailbreak won't work for everyone this more than likely means an untethered jailbreak may be just over the horizon.
If you do have a developer account then good luck with your jailbreak. The rest of us will try to obediently wait.
To piggy back on that news, a pair of iPhone users Zach Ward and Thomas Buchar filed a class-action suit against Apple in San Francisco. The complaint lists a single count against Apple of "Conspiracy to monopolize the iPhone voice and data services aftermarket in violation of Section 2 of the Sherman Act."
The suit alleges that Apple conspired with AT&T to lock iPhone users to the AT&T network for five years without receiving consent from the consumer. The plaintiffs are seeking declaratory and injunctive relief, treble and exemplary damages, legal costs, and the software unlock codes. It also seeks to force Apple to disclose that the iPhone is locked to specific network.
According to CNET, previous lawsuits against carriers have been unsuccessful thanks to a U.S. Supreme Court ruling in 2011 that found consumers no longer have the right to file class actions suites against wireless carriers. That's probably the reason that the plaintiffs are attacking Apple rather than AT&T.
Source: Slashgear, CNET, iphonebuzz