The latest update for Pangu 8 is the v1.2.1 which bundled with Cydia 1.1.16. iOS 8 jailbreak is become nearly perfect with this latest pangu 8 update since there are almost no problem for jailbreak any iOS 8 device. The new Cydia update 1.1.16 fixed the most known problem in previous cydia versions 1.1.14 & 1.1.15 “restore from backup“. With Cydia 1.1.16 you don’t have any problem with restoring your device from the backup after first run of Cydia.
The good news is Pangu 1.0.0 is also released as Pangu MAC. Now MAC users can download Pangu 8 MAC version for jailbreak their Apple devices. No more requirement for running virtual machines to run Pangu 8 windows version on MAC OS.
Pangu 8 1.2.1 supported all iOS 8 running devices as same as previous pangu 8 versions. Saurik and many jailbreak developers say this is the best time to jailbreak iOS 8 if you were waiting for more stable and perfect jailbreak. You might have this opportunity until Apple release iOS 8.1.1 for public. Apple has already released iOS 8.1.1 beta for developers and Pangu 8 1.2.1 will no longer support for jailbreak iOS 8.1.1 since Apple most probably going to patch up Pangu 8 exploits when they release iOS 8.1.1. So it’s advised to update your device into iOS 8.1 and jailbreak using pangu 8 1.2.1 while iOS 8.1 being singed by the Apple server.