When phone is rebooted it won't ask for pincode. Have to fix permissions in order to get it work again. RC4 & RC5
Then it didn´t reboot in real, just your UI crashed. You ROM forced therefore something like a soft reboot to restart the UI. And thats also why it didn´t ask for a pincode. It´s possible your launcher is causing this in case you are using a different launcher. Or one of your apps running in the background
Maybe the reason why some of us are experiencing random shutdowns and reboots while others not, is the baseband version. I am experiencing the reboots and my baseband is I8150XXLB4.
I had this happen with a earlier Beta after changing the baseband. Had to go back to the baseband I used before to fix it. A few Betas later this didn´t happen again after upgrading the baseband.
Regarding battery drain and reboots. With RC4 I had also such a high battery drain like already reported, but no reboots. Well I used RC4 only for a short time due to the battery drain issue I was having with it, so can´t really say about the stability regarding reboots. Unfortunally I still had no time to narrow down what was causing the battery drain.
Rolled back to RC3 because of this and the bettery drain went to normal. With RC3 I had one reboot before testing RC4. This happened yesterday again, so now I rolled back to RC2 because this one was working absolutely stable without one single reboot.
There is just one thing I noticed when RC3 rebooted. In both cases it happened after leaving my house by going outside into the cold weather we are having now here. So it´s possible the huge temperature drop was causing this. In this case this should also happen with the currently used RC2 too, so I need to take a look at it.