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After we have showed you the untethered jailbreak demo video for iOS 4.3 few hours ago, the hacker behind the exploit seemingly will hold his jailbreak until Apple releases iOS 4.3.1.
With Apple already baking 4.3.1 the first one releasing an iOS 4.3 jailbreak will pretty much burn the exploit :P
Well Apple should release 4.3.1 very soon, because tomorrow everybody knows that @0xcharlie popped an iPhone 4 at #pwn2own through Safari.
How he justify this ? the hacker expected that Apple should release iOS 4.3.1 specially after the hackers (at Pwn2Own contest) has successfully hacked iPhone 4 via vulnerability which found in Mobile Safari running iOS 4.2.1. Although the vulnerability is also exist on iOS 4.3, but all iOS devices running iOS 4.3 are safe until hackers find a way to bypass the ASLR (Address Space Layout Randomization) which has been implemented by Apple starting form iOS 4.3.
The winners of Pwn2Own have mentioned that it's difficult to bypass ASLR security in iOS 4.3, so I don't expect that Apple will release a new firmware for patching exploit didn't discovered yet, I think this is the logic.
According to the above, I don't think this is a good decision to hold iOS 4.3 untethered jailbreak.
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