You can now jailbreak iOS 4.3.1 with PwnageTool on iPhone 4, iPod touch 3G/4G & iPad 1G. This is a tethered jailbreak which means that after rebooting it you have to boot it again into a jailbroken state.
Follow our tutorial posted below to jailbreak iOS 4.3.1 with PwnageTool 4.2, Universal Ramdisk Fixer & the Tethered Boot tool.
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