An untethered jailbreak for iOS 4.3.2 is now available, a few days after the latest update to iOS was issued by Apple.
However, unlike the jailbreak that appeared just hours after iOS 4.3.2 was issued, the new hack is an 'untethered' jailbreak.
This means that you won't need to connect your iOS device to your Mac every time you reboot it, as is the case with tethered jailbreaks.
According to 9to5Mac the latest version of the redsn0w tool - 0.9.6rc14 - supports untethered jailbreaking on iOS 4.3.2.
It is compatible with the iPhone 4, iPhone 3GS, the original iPad and the third- and fourth-generation iPod touch.
However, iPad 2 owners should not try and run the redsn0w tool, nor should anyone with an unlocked iPhone. More information is available on the Redmond Pie website.