We started just this summer leaving the ac at one constant temperature. we even installed lock boxes on the thermostat to discourage monkeying with it (amazing how much of a habit it was!)
I think it makes a difference. OUr bills are lower than this time last year. When I was single and lived in an apartment I thought I was saving money by turning the ac off during the day, but realized it took 1-2 hours to cool it down to 78 when I returned home. I found if I left it at a constant 80 degrees during the day then 79 when I came home my bills were much lower. You're just going in opposite directions, turning it off/on throughout the day.Now that i'm a SAHM its a bit more complicated how to adjust the ac since someone's home all day, so we decided just to keep it at 79 all the time. We are so used to it we're miserable in stores, restaurants, etc with a lower temperature. I must admit I probably look slightly ridiculous carrying a sweater in 90+ heat, but I just can't take the cooler temperatures, especially in movie theaters.
I noticed that apartments are very inefficient insofar as the electric goes. I was really afraid when I moved from an apartment to our first home that the electric bill would be much, much more than our small apartment, funny thing, it was actually somewhat lower. OUr apt was all electric and cheap energy-hog appliances.