You might remember earlier this afternoon we featured a story on the fake IntelliScreenX app that was posted in the iTunes App Store. Minutes ago, David Wang (aka @Planetbeing) posted a response to the counterfeit app of a popular Cydia tweak it turns out Wang had a hand in developing. In addition to calling out the App Store scammer, Wang shared a picture of a iPhone 5 running IntelliScreenX on the phone’s full 16:9 display.

The real deal: IntelliScreenX running on an iPhone 5.

At first we thought this was a failbreak–an unreleasable early jailbreak (usually due to proprietary tools developers can’t release) that developers use to reverse engineer a distributable jailbreak. Of course Planetbeing would be one of the developers who undoubtedly has access to failbreaks, given his key role in iPhone Dream Team that released the Absinthe 2.0 jailbreak, as well as his decisive role in other projects. However the distinction between jailbreak and failbreak with PlanetBeing’s iPhone 5 might not be black and white.

As Planetbeing released more information, it became apparent that he was working on what would be a releasable jailbreak and not just a developer failbreak: “Can’t say too much, but we’re still missing critical pieces so it’s not releasable right now. Believe me, we’d love to release it asap.” He added, “It’s mostly working, as you can see, but I run into weird bugs every day and have to fix them as they come up.”

As for the ETA, all we currently know is that Planetbeing will not release the jailbreak on a Sunday this time around–as he’s promised not to. Other than that, he refuses to comment on whether the jailbreak is weeks or months away.

Believe it or not, that’s usually an encouraging sign.

Having seen Planetbeing’s recent comments, do you think the future of an iOS 6/iPhone 5 jailbreak is ‘grim‘ or do you think we’ll all be running IntelliScreenX on our iPhone 5s sometime in the near future? Share your thoughts in the comments section below.