If I do a factory restore on iTunes, will my phone still be activated through Sprint? Could I restore it and be good to go and be able to use 3G and everything immediately? This is an iPhone 4 on 5.0.1 if that matters.
I'm trying to restore it and iTunes keeps saying connection timed out when it tries to download the iOS update. Should I just wait til later? Or is there something I need to do?
You don't need to keep reinstalling to keep your product fresh. It's already fresh until the next update then it becomes fresher. Uninstalling and reinstalling doesn't make it fresher. This will be your problem now the phone will have had a problem somewhere with all the uninstalling and reinstalling. My advice is, press the on/off button on the phone and at the same time press the home button until the phone shuts down (hard reset) see if this helps. If it does then leave the phone alone!