Yes this problem does NOT occur in Xubuntu 12.04.3 (3.2 kernel). I just tested it.
** Summary changed: - HDMI audio stop working after system suspend + Radeon HDMI audio stop working after system suspend -- You received this bug notification because you are a member of Ubuntu Bugs, which is subscribed to Ubuntu. https://bugs.launchpad.net/bugs/1237105 Title: Radeon HDMI audio stop working after system suspend To manage notifications about this bug go to: https://bugs.launchpad.net/ubuntu/+source/linux/+bug/1237105/+subscriptions -- ubuntu-bugs mailing list ubuntu-bugs@lists.ubuntu.com https://lists.ubuntu.com/mailman/listinfo/ubuntu-bugs