I got the following email from my IT department at work concerning the ios6.1/Exchange bug. Be sure to follow the link for details.
Important information related to Apple ios devices (iPhone, iPad) on the Company network
Affected Application
Access to Company email using Apple devices (iPhone and iPad) running iOS 6.1
How does this affect me?
Microsoft has identified that the recently released Apple iOS update version 6.1 could degrade performance and availability of email services. Technical details of these findings are published at http://support.microsoft.com/kb/2814847
What do I need to do?
- Do not create, accept, decline or modify calendar items on your iOS based devices. Use your device only for viewing your calendar.
- If you have not already upgraded, do not apply the 6.1 update to your iOS device.
(I would add to this that if you have already triggered the problem by accepting a calendar invite, etc,, you should delete your Exchange acccount and recreate it in order to stop the looping. This is mentioned in the Microsoft link, but should be emphasized.)