OK.. SOHO is installed. I was misreading the GUI installer which is something that may crop up with newer users.
With the text installer, even though it will identify the CD-ROM drive and specifically state "I found the installation CD", the GUI Installer doesn't really do this. It says the drive that will install is /dev/hda which kind of threw me for a loop. I mistook that for /dev/sda thinking it was finding only the hard drive. Yeah yeah yeah.. Rookie mistake. But I can see where someone who isn't familiar with sda/hda/sdb, etc. could get VERY confused.
I need to boot the installer again to verify, but when I got to the boot loader portion, I immediately selected boot sector on the second drive. THEN I selected LILO which defaulted the boot choice back to MBR. I didn't catch it and borked the MBR on /dev/sda. Not a huge thing, just slap the Win 7 CD in there and get to the repair tools, but it was a bit of a pain.
Once I got the rookie mistakes taken care of, I got the Kernel Panic error again. Easily solved by adding rootdelay=10 in LILO.
First impression on boot up? NICE!
However, it's not seeing my wireless network for some reason. Need to go in and play with it a bit to see why it's not seeing things properly. First time I booted into SOHO, it worked but I couldn't access the Internet. Bugged out to root, shut down the firewall service then bugged back over to the user account. Now it doesn't see the wireless network. Hmmmmm. I'll figure it out and report back. Suspect it's something very minor.
Biggest concern with the installation at this point is the GUI Installer. If someone who didn't know much, if anything about Linux tried to use it, I think they'd be in a world of hurt. Moi? I prefer the text installer. I'm used to it, and it's fast. But we should remember that users who haven't a clue will be using the GUI and things should be as explicit as possible. While we may not be able to make it idiot proof, we should be able to get it close.