Watch Out! Downloading iOS 5 Could Automatically Erased All Your Apps

Apple seems to be having some difficulty with this new iOS release.  Planning on purchasing the 4S later this weekend, I wanted to test out the new iOS 5 with my 3GS.  Well, I connected my phone and started the download process.  The result – an entire system restore with ALL my purchased apps GONE!  You can see in the image below, there were a lot more apps yesterday.


Anyone looking to upgrade their iOS on their Apple device should either take extra precaution or wait a few more days until things get straigtened out.

Anyone else have this problem?  Please share in comments.