Hi, munkee1020 and Jbtaft
I understand that you are having some issues with the SlingPlayer for iPad ever since you updated to iOS5.
If you have already verified that the iPad and the Slingbox have the latest software version, I recommend you to uninstall and reinstall the SlingPlayer application on your iPad. If you do not know how to, just check this link.
If the issue persists, I encourage you to check if the Slingbox shows the same behavior when running on your computer. If so, make sure to check this link.