I haven't had any failures to wake myself, but the SLOW wake I see (in 10.7 and 10.7.1) can be tested/demonstrated as follows:
1. Sleep from the Apple menu (or by the button or shutting the lid; but the act of moving the lid itself takes time and confused the issue).
2. Count to 10 (just to be fair and be certain it's fully asleep--but obviously not in deep sleep yet) then hit any key to wake the machine.
3. Compare how long it takes to wake on a 2011 MacBook Air with SSD, vs. an older Mac. My 3-year old non-SSD MacBook Air (Snow Leopard) wakes nearly instantly in this test. Less than half a second, generally. My brand new SSD Air takes maybe 3 seconds, somtimes more. It's annoying when you want to make a quick change before running out the door, say—plus, a new system shouldn't be noticeably slower than one so old.