Welcome to convenience! Move your important toggles directly into Springboard where they are always available instantly even while other apps are running.
You can swipe the statusbar to bring down the main window. You can configure in activator settings other methods of opening the SBSettings window. You can integrate into ios5 notification center using notifications in settings app. Customize it to your liking!
iOS5 users, here are my recommended settings for the notification window section:
In notification options, turn everything off except button titles. This will give you only your toggles and to the left you will have the more button, and ip address type text.