It looks like just on the edge of unveiling the new iPhone, hackers across the Internet have already gotten on the ball and prepared a jailbreak for the device that allows tethering.

The jailbreak program is named Redsn0w (updated version 0.9.9b2) but it does require that the smartphone be tethered to a computer running the program on boot in order to access the jailbroken interface. The jailbreak affects the Gold Master build of iOS 5 which means it affects iPhone, iPad, and iPod devices running that version of the software.

The jailbreak has been confirmed by notorious iPhone hacker @MuscleNerd’s Twitter feed. “redsn0w http://is.gd/6eek4Y can already tether JB 5.0GM (select beta7 IPSW for now though, til update) http://is.gd/SXCEi4.”

It is available at several URLs being released at several different URLs (although the one in @MuscleNerd’s Twitter post is currently down due to excessive volume.)

Tutorials on how to jailbreak your iPhone 4S are already cropping up across the Internet. Good luck.