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I fixed mine!!

I was having the same problem: My iphone Wifi works great, but my iPad2 is super slow, losing connection, etc.

To fix it all I did was went to the Settings > Wi-Fi then clicked on the blue > next to my Wi-Fi network. Then I carefully wrote down all the various settings/numbers under "DHCP". Then clicked on the "Static" tab and re-entered all the same settings/numbers.

Voilà! No more slow/dropped Wi-Fi!
 
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