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When I close my notebook`s lid and open it again, I can watch on my system monitor, that while the lid was closed powersaved caused a increased cpu usage (~ 20-40 %, normally ~ 5%) - until it is reopened.
Screensavers are turned off and powersaved is told to ignore the closing (-> /etc/powersave/events).
I use Fedora Core 5, powersave 0.12.20, newest kpowersave (turning on/off screen locking by closing the lid doesn`t help).