How to change speed of podcast playback on iPad running iOS 5's Music app?
It seems the speed controls are available in iOS 5.1. They just are not there in 5.0.
I wish I knew the answer. Mine has defaulted to half speed. :(
I do have a workaround you might be interested in though. After muh searching, I found an app called SpeedUp Player, which lets you set a playback speed between 0.5x and 2.5x. It's not perfect, but it does the job as a temporary fix.