Downloading 92Mb 1.02 update on the West Coast

[Edit] Just a quick test .. I have two toons both saves ~5Mb they are not experiencing much lag.
Loaded up a save inside Honeyside (Riften House), textures appear fine.
Browsed through my inventory - potions, ingredients, misc items all look much more detailed. I don't think I had ever seen detailed textures on these before.

Exited house into Riften, ran through the marketplace and out into Skyrim.
Ran around Riften and re-entered Honeyside, saved the game.
Save size went from 5.118 to 4.639. ~27.5 hours of play time.
Seemed smoother although I was only seeing occasional hiccups, no constant lag before. World textures appeared fine, I didn't notice any degradation.
[Edit 2] 320Gb PS3 Slim (Move launch bundle) - the cheap ones with the horrid hard drives ...