Here's my updated usage after getting the new iPhone 4S at the Apple Store
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Key thing, look at the difference in standby vs. usage. I am using the phone more now, yet the usage is exactly what one would expect from an Apple battery. On my other 4S, these numbers were within 20 minutes of each other after 8 hours, and that was the 20 minutes I tested it in Airplane mode.
Some rogue process always ran when an internet connection was available, regardless of what setting, app, or e-mail account I deleted. It just flat out drained. I bet for most who aren't finding battery improvement through settings, this is occurring to them.
If you are at your wits end, go see the Genius Bar. They'll make the switch.