Yea, I'd say that NiceCupOfTea is right.
It's the difference between transverse waves and longitudinal waves. Sound is a longitudinal wave, and as such, the particles are physically displaced across the medium (left to right, let's say). Transverse waves take one particle at a time, moving that particle up and down, followed by the next (like a Mexican wave), but the particles do not actually move across the medium (not left and right).
A surface wave is a mix of the above two, and so the speed of propogation is slowed down with the "transverse" component of the wave.