Just yesterday we reported that MuscleNerd of the iPhone Dev Team had confirmed that the iOS 4.3.1 untethered jailbreak exploit handed over by Stefan Esser was 'Solid' and that we should expect a release of redsn0w 0.9.8 and PwnageTool 4.3 to jailbreak iOS 4.3.1 untethered soon. Now, MuscleNerd has confirmed via twitter that iOS 4.3.1 untethered jailbreak exploit works on all devices, including the Apple TV, and except the iPad 2 as Apple has fixed Comex's jailbreak exploit.

MuscleNerd has said that the iOS 4.3.1 untethered jailbreak exploit will be implemented in redsn0w for Windows and PwnageTool for Mac. The iPhone Dev Team is working on eliminating any last minute bugs and we should expect redsn0w 0.9.8 and PwnageTool 4.3 release for iOS 4.3.1 untethered jailbreak, soon.
We'll report once redsn0w 0.9.8 and PwnageTool 4.3 are release for untethered iOS 4.3.1 jailbreak.