Ok, back to my earlier results. It seems that I lost about 1% per hour using LTE+CDMA while my phone sat idle, and I lost about half that (0.5% per hour) when on CDMA only. Taking into account that the LTE+ option was run from the hours of 10am to 10:30pm (mostly daytime hours), and the CDMA option was run from 10:30pm to 11:30am (mostly night hours, also running into a weekend) the LTE+ version was seeing slightly more auto syncing because the test was run during peak hours, so slightly more consumption should be expected. Also, you can see that I did take a phone call (brief) during the LTE+ test run, which led to another slight decrease.
So to sum it up, there really is no significant battery impact between running the CDMA or LTE+CDMA options. Just because the phone arrives with the LTE+ option checked doesn't mean the battery is going to be any worse when the phone is sitting idle (it's not like the phone is using resources to try to find LTE service).
If I had to guess, the LTE is being implemented into existing Sprint towers, and the phone is setup to connect to whichever tower has the best CDMA signal (no surprises). So if that tower has CDMA capability, then the phone will utilize it, but it's not going to seek out CDMA from all surrounding towers. Just a guess...
So overall I've found that:
- The CDMA vs LTE+CDMA option do not lead to any significant difference in the battery life of an idle phone in an area without LTE service, and
- Checking the 'best wifi performance' option will significantly drain the phone's battery when sitting idle and connected to a wifi network (not sure about its impact when wifi is on but not connected, though I would guess it's the same or significantly worse).
I hope this information is useful to everyone!