Please Read this entire post for my fix
FIRST OF ALL I MUST SAY THAT THE BATTERY THE 4S IS A BEAST!!!!!!!!!!
I would like to add two steps to this. I am a pure believer davidch you are unto something. I did all your steps and i went from 100% to 81% in two and a half hours...I was saying to myself "this mess don't work!" lol....BUT I decided to do a little investigating on my own.
I looked at my usage meter and realized that the actual USAGE TIME and STANDBY TIME were only 13 mins apart. However i knew for a fact the phone was sitting on the couch WITH THE SCREEN TURNED OFF next to me for 2 and a half hours. I may have picked it up once or twice after receiving a text and perhaps sending a text or two but that's it! My approximate REAL usage was around 5-10 mins.
Even tho I looked up in the top right corner and did not see the gps symbol, I was still curious. So i pulled up my multitasking menu (double tap home button) and noticed that after the reset there were multiple apps still available to be selected from. Not a surprise because we did a settings reset and not a complete content reset. My whole idea was to selectively remove app by app from the list until i found the culprit that was running in the background causing this fiasco (our fiasco).
IT WORKED!! I narrowed it down to the camera app. Which happened to be the last one that I eliminated. Then i started seeing the difference between my usage and standby meter grow larger and better even tho i was checking frequenly (about every 15 mins). I CLOSED THE CAMERA APP AT 12:30PM TODAY. At this time my battery has dropped down to 77%. AT 2:00 MY BATTERY LEVEL IS AT 76% What an improvement!!!!!!!! But was the camera app the problem??? NO NO NO NO NO
My guess is after the settings wipe all apps that were running ended up in a crash loop. Because after that i opened up all the apps that were running previously plus some extras and as of 2:41PM THE IPHONE IS STILL AT 76%. With approx. 3hrs of usage and over 5hrs of standby now. With about 20 apps running including the camera app!
I also did turn off siri raise to speak and did a reboot. Because after turning off RTS the infrared sensor on the front stays enabled until a reboot is executed. So here are my steps mixed with davidch's that worked for me.
For anyone new to the thread be sure to go through these steps to address the battery after updating to iOS 5.0.1:
1. Reset all settings (settings app-> general-> reset)
2 a. Go through initial setup steps (lang, wifi, siri, enable location, etc) and choose setup as new phone (don't worry your apps, data, contacts, mail will still be there). Do NOT restore from iCloud or iTunes (It can copy back corrupt settings)
2 b. If you do not get the complete new setup screen with language setup and setup as new phone or restore from iTune/iCloud backup, be sure to go back to #1 and reset all settings again (it should happen the second time)
3. Turn off system location services timezone and iAd (settings -> location services -> system services)
4. Fully discharge battery (until you get the spinning wheel and it shuts off)
5. Fully recharge battery (overnight if possible)
6. Go to General->Siri....turn raise to speak off
7. Hold power and home together for a few seconds until the apple logo shows up. (Reboot)
8. Double tap home button exit all apps running and you should be good to do...
i didnt reboot after step 8 but maybe you should if you have a sprint or verizon iphone. 2:55 AND I AM STILL AT 76% I think i am in love all over again!!!!