I like Newsstand but some people don't! And if you're like them, it's pretty annoying how you can't hide the Newsstand away in a Folder in iOS 5. But wait! You can. All you need is some super fast fingers. Here's how.
Remember, it's all about quickness here. First make a new folder with two apps and as the folder animation is firing off IMMEDIATELY drag Newsstand into the folder. It'll jump into the folder no questions asked. Newsstand won't work inside the folder though (iOS gets wonky and springboard shuts down), so you'll have to drag it out of the folder every time you use it (annoying, yes). But for those who have no interest in Newsstand, you're welcome.