I'd like to add my successful experience as another data point, and ask a question.
To start, I really dislike the direction Apple has taken with 10.7, and now 10.8, for several reasons. I ran across this thread, and decided to buy a Mac mini and try it "downgrade" to Snow Leopard.
I followed the instructions from David Amis, from page 27.
My new Mac mini is the Mid 2011 Server model (i7, 10.7 Server installed). My Snow Leopard assistant machine is a Mid 2009 MacBook Pro. It came with 10.5 installed, so I was able to use the 10.6.3 retail disk as the source. I installed Snow Leopard to the second drive on my mini, and left the Lion "Server HD" drive alone.
Now that it is finished, I have Snow Leapard running with a 64-bit Geekbench score of 9122.
There were two problems along the way:
1. The first time I ran the installer, it failed midway through the install. The installer just quit, an my MBP shut down. (Yes, my MBP was plugged in!). The second time I ran the installer, it completed successfully.
2. When I tried to install the 10.6.8 v1.1 Combo Updater, the updater would not recognize the fresh 10.6.3 install as valid. I tried twice to run the Combo Updater from the MBP, and ran into this problem both times. I then tried to start the mini (with Snow Leopard as the start up disk). It hung on the Apple screen. I tried this twice with same result. I tried yet again to install the Combo Updater from my MBP, with the mini in Target Disk mode. This time it worked! I was able to boot my new Mac mini in Snow Leopard, and complete the rest of the steps.
I guess the moral of this story is that these steps DO work, even if not on the first or second try.
Now my question: has anyone heard of success installing Snow Leopard on a 2011 Macbook Air? The only information I've seen is here:
http://forums.macrumors.com/showthread.php?t=1352079
I would love to buy one of these machines and install Snow Leopard, but would like more information first.
Thank all of you who collaborated in figuring this out and documenting it, with a particular nod to NewFoundGlory.