Jcf_dev has released his Pwnage Tools to jailbreak iOS 4.3 b1 on iPad and iPod Touch 4G.
Jail breaking iOS 4.3 with Pwnage Tool bundles require creating self ramdisk. It’s semi-tethered jailbreak. You should go with this only if you are a professional jailbroker.
You can refer below video from blogsdna showing jail broken iPad 4.3 iOS
Download PwnageTool Bundles to Jailbreak iPod Touch iOS 4.3
Download PwnageTool Bundles to Jailbreak iPad iOS 4.3
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we can say useful post. Well explained