Same here.
I wonder if that's a "feature" or a bug? It's definitely annoying.
Edit: It now looks definitely like a bug to me, I have narrowed the issue down as follows:
- It only affects "display sleep" which is usually set to a much shorter period than system sleep
- It only happens when running on battery
Prior to OS X 10.7, after the system entered display sleep, but not sleep, you could wipe the trackpad to wake the display. In OS X 10.7, that doesn't work anymore when running on battery.
When the system enters full sleep mode, e.g. the power light starts to pulsate, a trackpad touch does not wake it up, and never has, so Gnuff above was right as well.