Last night I finally downloaded netbeans 5.0 beta. It was pretty quick - I walked away and when I came back some 15-30 minutes later, it was done. I have a 586 Tadpole running JDS 2, so I'm always aprehensive about installing software, but netbeans installed perfectly easily and quickly.
I ran it, checked out a web page from http://stipends.dev.java.net, edited it, checked it in again. It all just worked!
Hiring update: Still looking for intern candidates. See 544778 (grad) and 544713 (undergrad) at Sun Jobs.