I haven't seen news like this in years since Geohot (founder of comma.ai) found the limera1n BootROM exploit for iPhone 4 and below. With this recent addition, we can have more freedom and control of our iPhones/iPads. This is indeed a glorious time and a good time to be in the Jailbreak community.
This affects devices ranging from the iPhone 4S to the iPhone X. That is a large scope of vulnerable devices.
This is equivalent to the Nintendo Switch BootROM exploit and allows all sorts of OSes such as Linux, Android to be installed on the iDevice.