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g1smd - 1:11 am on Nov 22, 2006 (gmt 0)
The old domain will rapidly have most of its URLs dropped to Supplemental, and most of those will remain visible for up to a year. Any place those Supplemental Results appear in the SERPs is not a problem. Your redirect will be feeding the visitor through to the exact required page anyway. Prepare for quite a few months of bumpy ride.
The new domain may take a year to get going, but it may be much quicker. Beware of Matt Cutts' warnings about "big sites just appearing from nowhere" on their spam radar.