So does this mean all iOS users running 7.1 can now jailbreak their devices? Apparently not.
A comment to the video from an account called "All things jailbreak" says the jailbreak works only on devices equipped with Apple's A4 chip for now. That includes such products as theiPhone 4, the 4th generation iPod Touch, and the original iPad but leaves out any of their successors.
The same account claims that winocom and fellow jailbreaker iH8sn0w are working to crack devices powered by the A5 chip. If true, it's only a matter of time before the jailbreak spreads further up the iPhone and iPad chain.