After lots of frustration with the latest beta version of iOS 5.0 I decided to downgrade my iPad to iOS 4.3.3.

However, I encountered some problems, but finally found a solution, that I want to share with you guys.

So here is what I did:

BTW: You can keep iTunes 10.5 beta to do the following steps

1. Download RecBoot 2.2
2. Latest Firmware iOS 4.3.3
3. Double-check your hosts file and remove any entry related to gs.apple.com
   - Open Terminal
   - Type “sudo vi /etc/hosts” and enter your Password.
   Note: If you don’t have any password set, set a new one under System Preferences
   - Locate the row saying “74.208.10.249 gs.apple.com” and change it to “# 74.208.10.249 gs.apple.com”
   - Save with “:wq!”
4. Start RecBoot and put your iPad in Recovery Mode
5. If iTunes does not start automatically, open it now
6. Hit the ALT-Key (on Mac) and click on Recovery
7. Select your IPSW file you have downloaded in step 2
8. Wait until recovery is finished

I hope this helps!

Please share any comments.