Ok i have updated to 5.0.1 and battery drain still remains, I had turned off some of the local services as suggested on some of the posts here and got a little better battery life. Upgraded to 5.0.1 and turned those features back on and blamo! battery is sucking down at previous rate so to me there was no fix, here are the steps i took:
Installed 5.0.1
Hard reset the device by going to settings/general/reset/erase all content and settings
Re-started the phone, re- activated, and dialed *228 ( I am on Verizon)
Left everything factory, just added my company's email account which syncs cal, email.contacts
did all this while connected to a power source and once i was done and removed it from power had it at 78%
Just let the phone go to sleep on it's onw on my desk, turned it on after 30 minutes which was hard for me to do since i kept getting the urge to look at it...
Battery life 64% and this like i said was just sitting on my desk! then proceeded to use it open email, opened safari, went to appstore and reinstalled an app i had... about 15 20 minutes of navigating, phone very warm and battery now down to 42%, I guess my next step now is to call apple and get a "certified" phone and this is very frustrating since i paid $400+ for a "NEW" device and now will be going to a "CERTIFIED" device which i dont care what anyone says because if it is like new why is not re-shwrinked wraped and put on the shelf? Because it is illegal to sell a product as new once it has been touched one way or another.
So yeah $400 for a "certified device that will most likely have the same problem as previous "NEW" device. Guess I should have waited for the DROID RAZR!!!!! and stayed with the Droid devices.