Sony E465 Hold Switch Not Working?

[CDMP3PlayerFan]

I've found that when the player completely shuts down, it only takes a few seconds for it to power back up and be ready for use. This is unlike my first E-Series player, which sometimes took several minutes to rebuild its library before it was ready for use. As far as the player waking while on hold, I haven't found it a significant drain on the battery life.