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Here are the release notes:

  • Supports iOS 5.0 (9A334)/5.0.1-b1 (9A402)
  • Fixed iBooks sandbox crashing issues.
  • Fixed location services issues with iPhone 3GS
  • Re-added iPad baseband install option to iPhone 3GS.
  • Removes UDID requirement/Beta timer in 5.0.1.
  • Tethered devices are booted via iBooty which is extracted to the Desktop after running Sn0wBreeze
Grab the latest Sn0wbreeze via the following official download link:
Download Sn0wbreeze v2.8b9 (For iOS 5.0/5.0.1-b1)