I was under the impression that the contents of the RAM were written to the HDD when the computer went into standby. It may be possible that the MBA, being that it has a SSD standard, just powers down everything once it writes the contents of the RAM to the SSD and goes into standby, thus prolonging battery life.
In my very non-scientific study I found that my mid-2009 MBP took a LONG time to wake from sleep after upgrading to OSX 10.8. Once I upgraded my 250GB HDD to a 256GB SSD, this delay was shortened. After seeing this I came to the conclusion that Apple had slightly changed the sleep behaviour of their computers.