iOS 4.2 Jailbreak on its way; Cydia now iOS 4.2 compatible.

iOS 4.2 jailbreak has been held back due to the fact Cydia is not compatible with this new firmware. However Cydia has recently been made compatible with iOS 4.2. This means that the iOS 4.2 jailbreak is on its way. A tweet by @chpwn confirms this.