My guess would be the modem is the most power hungry component of practically any smartphone and 24hrs is already in line with mainstream smartphones so any additional % squeezed would be amazing indeed.
EDIT: Maybe 90hrs? https://news.ycombinator.com/item?id=23852043
Modem in sleep, according to datasheet, consumes ~10mW.
Current state of the art power consumption of the whole phone without the modem on at all is 110mW. (this is the value on which the 100h figure is based on)
So when the modem will be actually in sleep, it will not add much to the equation.
"The current thing on my radar is writing a power manager for the modem. :) That will improve the standby from 24h with the modem active to ~90h." [1]