I see this as a definite issue as well - all the time. I know there are some in this thread claiming they don't see it, but I think they are the lucky ones or just don't want to admit it. I have Lion installed on 3 machines right now - and all three see this hang at random times, especially when using tabs.
It doesn't matter the website as it does it on all of them.
But if you beg for a specific, how about www.me.com - then it's in-house. I am currently running a clean install of Lion, updated to latest patch (10.7.1) and the latest Safari. I go into MobileMe, then open another tab - for example, Apple.com. Many times, returning to the first tab, the Safari window goes white, as if it got lost in an auto-save and I get the beach-ball. After a minute or so of waiting, my MobileMe screen returns. I think this is the hang many people are describing here. And it happens on this 100% clean install - and on my two other machines.
Also, I do not run any plug-ins or enhancers with Safari. Straight out of the box.
Machine Stats:
MacPro Quad Core (2006) - OS 10.7.1 / Safari 5.1 / 12 GB memory
MacBook late 2010 - OS 10.7.1 / Safari 5.1 / 2 GB memory
iMac 2011 - OS 10.7.1 / Safari 5.1 / 4 GB memory