First off, save time and the headache, do it in a virtual machine its a Beta! Heck do all your dev (if you can) in a Virtual Machine.
Be warned that it took me about 40 minutes from start to finish. For the entire installation my machine was very sluggish and the UI for the installer was pretty slow and sometimes seemed like the entire installation and machine was dead.
Steps for installation:
1. Start the installer, Go for a coffee.
2. Come back in 10-15 minutes, Hit OK and accept the EULA, go for another coffee.
3. Come back in 20-30 minutes, reboot the machine.
I created a bug/feedback item just for this, vote on it if you feel the same as I do.
Its up on Connect!
English and Japanese version for all SKU's by the looks of it, even for all/most of the Express SKU's and TFS.
I dont see it listed on MSDN Subscriber downloads, but it appears you can try to get it via Connect.
It appears that it went up onto Connect just today but I could be wrong.
My status is now "Pending". Anyone get their hands on it?