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http://www.ipadforums.net/ipad-hacking/24323-shsh-blobs-frequently-asked-questions-updated.html
You should read that! All explained by f4780y.
We cannot use SHSH Blobs to up/downgrade on 5.0 or higher, but maybe we can in the future so it's a good idea to safe them!
Search for TinyUmbrella, download the program, connect your iPad2 to your PC and safe the blobs.
Poser said:somewhat good info....but please know, before giving further info.
downgrading is possible with blobs(wifi only)....even with 3G iPads....
http://www.ipadforums.net/ipad-hacking/57345-news-new-version-redsn0w-0-9-9-many-new-features.html
I can see it in your sig and that's what pushed me over tbhf4780y said:For info, both my iPad2 and iPhone4S are currently running 5.0.1
Todd M said:Too bad they don't have an update for the 5-row keyboard. Tried to load it on my wife's iPad1, and it doesn't work, since it's designed for 4.x :-( It worked fine on hers before, and is on mine now, but no dice on 5.0.x. That's a BIG loss for me. I can wait for SB settings, but 5-row and ScrollingBoard are big losses for me until pod2g makes us happy...
Joshua Hill (@p0sixninja)
01-01-12 01:10
Everyone should upgrade their devices to 5.0.1 (except unlockers) now while they still have a chance!!!
What do you guys think?
newest update by Joshua Hill (@p0sixninja)
"Yes including A5 devices..."
for those who were confused ......now this is great news!
beavery said:NOTE: noob question
We can't upgrade with blobs even if we have downloaded the firmware version straight from apple and we have the blobs 'saved' by tiny umbrella, can we?