Thank you to everyone who posted to this thread.
I have not tried Pages '09 yet as I want to "save" my 30 day trial when I actually have time to try it.
The main reason I currently use Nisus Writer Pro, Bean, and DevonThink (and even, Word, ugh) instead of Pages '08 was due to the way it did NOT adhere to the setting in System Preferences. I originally fell in love with Macs once I used Safari for Windows because I loved the font rendering of it. Sadly Pages '08 was horrible.
I did a Google search to verify my findings, and Magnus Lewan's Pages FAQ Blog was extremely helpful and informative. Magnus' blog also linked to the blog below which was also very helpful:
http://www.betalogue.com/2006/02/09/font-smoothing-in-pages-more-discussion/
When I have time I'll give Pages '09 a try again, although I do love Nisus Writer Pro, Bean, and DevonThink. Each program is a bit different, and each can have their place in my personal workflow. I hope Apple did make a change to this "deal breaker" for me. To me, it was the worst thing about Pages.
Thanks again to everyone. I felt so strongly about this that I had to finally create an Apple Forum Alias, and this is my first post ever.
Forums rock!