Ibooks doesn't seem to like ios 5.01 on ipad1, anyone know what to do?

ibooks doesn't want to function, tries loading and then shuts down.
I uninstalled and reinstalled, same result.
I tried the RESTORE button on itunes, it tried restoring the ipad to ios 5.01 and disconnected at the end for network issues
I tried RESET SETTINGS on the ipad itself and nothing happened
The funny thing is that I updated to ios 5.01 to be able to load PDFs from Safari directly into ibooks and not ibooks is not working and I cannot even revert to my old operating system ios 3.2
Many people have been complaining to Apple about this crash but with no response
Help, anyone!!!

I'm having the same issue. I just updated to ios5. When I click ibooks, the icon bounces once and then stops loading.
Help anyone?

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