If it's not doing anything productive there's no point in having it on whether it's 'sleeping' or not. Since the CRT is no longer used by most Macs and even PCs there's little reason to even let them sleep or have the monitor go black. Even when CRT/TV is switched OFF, it is probably still using 10 - 20 watts of electricity just so it can come back to life almost instantly. I don't think LCDs need/use that much energy even when they are ON. But even when the machines are 'sleeping' some energy is being used. So, if it's not doing anything, turn it off,
IF energy saving/cost is the major concern.
If longevity is more important, it has been argued that the cold/heat/cold/heat/... cycle is what damages silicon more than anything else. In that caes, an argument can be made to leave things ON but asleep.
If you
do decide to let 'sleeping' computers lay about, you might think about putting those cpu cycles to some good use. There are dozens of 'shared computing' applications available, even for a Mac. I just got my version of Stanford University's Protein Folding app working on my new iMac. It now runs 24/7. I let the screen 'sleep' but not the cpu, so I'm using more energy than a completely sleeping computer. But I feel I'm contributing to the search for a breakthrough for a better medical understanding of the causes of many brain related diseases; something that seems to be affecting me as I age!
In other words, the answer to the question depends on your definition of what is more important; energy saving, mechanical problems with silicon ( most 'sleep' modes put the drive in 'park' ), or useful production from a device that is great at repeated, tedious, boring operations that can provide help to civilization.
But, I would
never suggest arguing against ones parents/spouse in
any 'discussion!'
BTW, <
Team Mac OS X> is now ranked number 7 in the Folding@Home stats! Obviously irritating news to many of the super-high-speed-PCs-are-not-toy-computers crowd!