I can view the time without unlocking it (4s)...but the password was put on for a reason and blaming apple for it
Not the time of day. The amount of time until you can unlock your phone.
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You don't want attackers to have any information.
They give away a lot of information anyway. If you have the standard code, you know it's all digits because the iPhone displays the numerical pad. You know it's 4 characters because the iPhone doesn't require you to hit enter. We give up security for ease of use. I think displaying the amount of time you are locked out helps more than it hurts. Especially if someone has taken your phone and has unlimited time to guess the password.