Today Apple released to developers the GM seed for iOS 4.2 and redsn0w 0.9.6b2 can jailbreak it, simply by pointing redsn0w at the 4.1 IPSW (rather than the 4.2 one). Right now it mostly only makes sense for JB app developers to do that because many apps (including Cydia itself) need to be updated for 4.2.
However, if all you want to do is enable afc2 (to use iFunBox or other file browsers), or to tweak settings like Battery % and Homescreen wallpapers, then go for it (if you have valid paid access to the GM seed). Be sure to uncheck the Cydia box, though! Ultrasn0w unlockers should stay very far away from this!!
You can find the redsn0w tutorial here.