When I was setting up dm-crypt for my Linux dev box at work I opted for using an encrypted swap as it really made sense: why keep on-disk stuff encrypted if swapped memory is in plain sight.
It turned out to be a somewhat bad decision, because when the system did run out of memory (thank you, Firefox and Skype) and began swapping, the whole box just freezes as the kernel was too busy encrypting more and more stuff, not having time to even run the OOM killer.
Maybe the systems use unencrypted swap to avoid triggering such bugs in default setups.