It doesn't use this, but if you check the diagnostic dumps in iOS5 (it's buried somewhere in settings) you'll see it gathers pretty much simillar data (I've seen battery status, app installation, free space etc. in there).
What remains to be seen if any of that data is sent to Apple if you opt out of "diagnostic data" sending.
What remains to be seen if any of that data is sent to Apple if you opt out of "diagnostic data" sending.