QV 11 works fine with the latest version of iOS 5.0.1. Just tested in my local network and actually shows an option to display the mobile version or the full desktop version.
I can attach a picture if requested.
Hope that helps.
EDIT: The mobile version is similar to the original iOS app, in the sense that you see the list of available sheets on the left and one object at a time. Nevertheless, you can perform multiple non-consecutive selections, and on chart selections, a real enhancement in regards to the iOS app. Full version displays as in the demo.