ATV2 with 5.1.1

I have an apple tv with FW 5.1.1 already installed.

I was able to save blops for that same version using iFaith.

Will I be able to jailbreak the ATV using 5.1.1?

I will create the custom IPSW with iFaith and restore in iTunes, then, what should I do? I am a little confused at this point.

Just Jailbreak it using Seasonpass 0.9.2

info here: http://forum.firecore.com/topic/10330

When you start the program, right click on the “Create IPSW” and choose “Save firmware signature” first.
Then JB by also right clicking the Create IPSW and choose 5.1.1

When Seasonpass says it’s done, make sure you see the whole process is complete with iTunes. I noticed iTunes was still running when Seasonpass says it was done. Just don’t unplug your ATV2 until iTunes says it’s finished.