Incredibly sorry for the double post, but I can't edit my post any more.
I discovered something possibly related to this; after I listen to ANY sound source at all; Youtube, Silverlight, iTunes etc, after I pause/stop the sound for about a minute, a barely audible "hiss" can be heard; or rather, it's not the hissing you can hear, but a "pop" that follows it as the hissing stops. The hiss itself can barely be heard and I only noticed it when using headphones, but it seems like the Mac is realising that no more sound is being played and is cutting/quietening the speakers to prevent any kind of mains hum from coming through.
Could this be related at all? Can anyone else confirm this popping sound also? Try using a good set of headphones, turn the sound up quite high, listen to something and then stop/pause it and wait a minute or two, and you can hear a slight pop and a hissing that was so quiet you couldn't tell it was there suddenly not be there any more. You only notice it once its gone, that's how quiet it is.
But it seems like there's some kind of noise limiter working in the background which cuts the speakers after a minute or so of no sound. Could it be not working correctly when using the laptop speakers? It definitely confirms to me that there's some kind of noise limiting going on which there doesn't seem to be an obvious option to control. I'm fine with this being the case, in fact I think its a great idea, I'd just like the ability to control it and see if it changes anything. This is my first Mac so if any one knows what I'm on about please inform me.
Sorry for the long post!