Actually thats not true
my work where there is no 3G coverage battery life is generally fine..no different than if you could switch off 3G
Apple itself states that 3G is way more power hungry than 2G. Even on the 4S with the new antenna.
Disabling 3G network (and the constant search for 3G in areas with poor coverage) greatly improved battery life on old iPhones. If I were you I wouldn't be so sure that this could not be the case of the 4S too.
@viperGTS: I never believed it was a carrier setting. It most probably depends on the new antenna design and functionalities. Still I regret I don't have this choice anymore.