Just another me too...
My IBM T40 with PCMCIA WLAN from ASUS hangs every (100% repeat) time I
try to suspend/hibernate. Same problem in 8.10 and also in Debian5. It
worked perfectly in 8.4 though.
When I go to suspend, the sleep-LED begins to flash and there is some
disk activity. Then, just as
I'm not sure if this comment helps anything but I'm using a T40 with an
PCMCIA ASUS Wireless. My hangs only occurs when waking up from suspend.
It also seems that the Kernel Panic only occurs with Wireless attached,
either at suspend or wake-up.
This, from my end, seems to more indicate a problem