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I've been holding off on the 5.0.1 update due to laziness, looks like that was a good thing.

I have a Nexus 4 with 5.0.1 and it works fine.

Fair enough, but 5.0.0 is working fine for me, I think I'll sit this one out until this is confirmed/looked into better.

Yep, I have the update sitting on my Moto X for a week or so. Was tempting,.. good thing I didn't go for it.

Been on 5.0 for Moto X (2014) for a few weeks now without issue. These bug reports appear to be for Nexus 4/5.