The question is WHY do you want to disable connected standby? What issue are you trying to resolve?
The battery of my sp4 was running faster than the cpu - I've read somewhere that disabling this feat will solve some of that issue.
I found the key they spoke of, in the register a while back. I disabled it and now... my sp4 doesn't need to recharge every hour or so again! (once a day will do it now)
Disable that key will improve the battery life significantly.