There have been many problems with iOS since the release of the iPad 2 and Apple has been working out the bugs of iOS 4.3 with a series of updates. iOS 4.3.1 was released to patch a jailbreak exploit as well as fix basebands and springboard issues. Currently a jailbreak exists for the 1st generation iPad and can be jailbroken with PwnageTool 4.3.1 and redsn0w 0.9.6rc11.
Apple's latest upcoming update dubbed iOS 4.3.2 is expected to fix Facetime problems with the iPad 2 and address Verizon 3G connectivity problems with the iPad 2. It is expected that the iOS 4.3.2 update will have security fixes which will likely eliminate the exploit for the current iOS 4.3.1 iPad jailbreak (1st Gen).
Follow us @iPadJailbroken or join our Facebook page to keep updated on all the latest jailbreak information for your iPad.