I completely agree, it's a tragedy waiting to happen. Thought it was a bug back in the DPs but it made it all the way to release, maybe if we make enough noise they will revert it or at least offer it as an option in the energy settings. Closing the lid is a fast and intuitive way to put it to sleep, feels a bit redundant now.
PS: I still wonder why the hell they removed the remaining time option from the battery icon with 10.8, why should we need a 3rd party app just for this?
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