Yes, we've definitely spoiled you. We're turning the corner into a specific site review here -- and that isn't what the forum is about, after all ;)
As a general principal a website visitor should see something usable in 2-3 seconds or you will get more one-hit-wonders. And also as a general rule, frames will lower site usability for a certain segment of humanity.
When you know that you will have graphic slickness taking up bandwidth, I'd get very serious about eliminating all the unneeded extras. It will really give you a leg up on your competition.