I do like BSD OSEs, but I think the most interesting thing about the release of PC-BSD is that the download page incudes a VMware image. That's smart, and I wish more distro's would do this.
I downloaded the iso image (one cd only for this unless you need multi-language support) and installed it into a Parallels VM.
The install was quick - less than half an hour total. Moments later I logged in to a KDE 3.5 desktop. Based on previous experience with Parallels, I'd guess this would be 15 minutes on real hardware - maybe less.