Does "full suspend" mean "hibernate" ?

No, and I should have clarified that. My laptop will show the Windows banner with the message "Prepairing to standby", then blank the screen. After that, the backlight will turn off, the hard drive will spin down, and the power led will begin to blink, indicating suspend mode.

Hibernation on that system takes 14 seconds to enter (to the point where the system is off), the 30 second to boot back. 10 of that is the bios, 7 is the Intel boot agent for PXE support, and the rest is XP.