I find this funny too. Just as technical, only more jargon.
"These devices are continuing to use an IP address they have been leased well beyond the time they should. (In technical terms, the device's DHCP client software stops renewing its lease, but the device keeps using the IP address after the DHCP lease expires. This is not a WiFi issue.)"
Why do you find this funny? It's a concise, relatively jargon free, precise description of the problem. If it's true, it's also a pretty blatant bug - it's one thing not to release your DHCP lease. It's another thing entirely _to continue communicating with an IP address from an expired lease_.
The only possible excuse (for the network stack developers) is that your parent operating system suspended, and that you weren't able to track how much time had passed - but, iPads (in my limited experience) are pretty good at tracking time.
iPad (that is, iPhone OS) could be better at setting the time. I was completely unaware I had to do that until I tried using the App Store. I wasn't prompted to enter the time when I first started the device, the time didn't synchronize with iTunes and there doesn't seem to be support for synchronizing with Internet time servers.
Maybe they overlooked this because iPhone gets the time from mobile networks?
Sorry, I guess I wasn't clear -- I found the two sentences from the I quoted from amusing because the both descriptions are technical, while "in technical terms" a touch moreso, but the former doesn't strike me as layman friendly.
"These devices are continuing to use an IP address they have been leased well beyond the time they should. (In technical terms, the device's DHCP client software stops renewing its lease, but the device keeps using the IP address after the DHCP lease expires. This is not a WiFi issue.)"