In my case the install offer was an update between 66Mb and 332Mb. In the event it was 66Mb.
The setup took about 5-10 minutes but the install took nearer 40 with one item failed and one still to install before I had to go to work.
Now when they just upgraded the work machines to SP2 - yup, we got SP2 last week - we also got Java errors and a couple of other errors one of which pops up a Kernel32 error every few minutes