How to Install iOS 5 on your Device without Developers Account? [Links+Steps]
The experimental builds of iOS 5 for iPhone, iPod and iPad are out for users having developer accounts. Developer account costs $99 per year and not every one likes to pay that money. Today we will cover a method of installing iOS 5 on JailBroken devices without the need of having a developers account.
However, we will not be responsible for any damage to your device as JailBreaking is not favored by Apple and voids the warranty of your device.

Required Tools:
1. iTunes 10.5 Beta 4 and iOS 5 Beta 4.
2. Redsn0w 0.9.8b4 (Download)
3. iPhone Browser (Download)
Steps:
This procedure will take less than 10 minutes.
1. If you have iTunes 10.5 Beta 4 already installed in your device, update to iOS 5 Beta 4. If you have not JailBroken your device yet, follow the jailbreaking procedure mentioned here.
2. Open Redsn0w and jailbreak your device if you know the normal procedure, if you don’t you can see the steps here.
3. After fully jailbreaking your device, open your browser. Go to System>Library>CoreServices. Now right click on ‘SystemVersion.plist‘, click Save As and save to desktop.
4. Now right click on Notepad and select ‘Run as Administrator’. Click Yes, if UAC pops up.
5. Open the file you saved on your desktop in the Notepad. Find the following text and erase it:
“<key>ReleaseType</key> <string>Beta</string>”
6. Save this document and upload it to you device using the iPhone Browser and overwrite the the original file. Name this file as ‘SystemVersion.plist‘.
Last Step:
Reboot your device now. Since this jailbreak is tethered, launch Redsnow and do the steps at the end of this tutorial.
Enjoy using iOS 5!
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