The spelling of the phrase "as might be" may seem unusual to some, but it represents the natural contracted form in spoken English. The pronunciation of "as might be" is typically /əzmaɪtbiː/, with the "s" sound blending into the following "m" sound. This results in the spelling "as" being followed by "might be" without a space, indicative of the contraction. English speakers often use such contractions to convey the same meaning more efficiently and in a more natural, fluent manner.