Can I download but wait to install Lion?

I am eligible for the free up-to-date download of Lion. Of course, that expires in under 30 days now. Since I'd like to wait before installing the first release of Lion, can I download it now but wait to install it? Will it just sit in my downloads folder until I'm ready to run the installer? I'd like to wait for updates to iron out problems, but that may be after my 30 day eligibility.
Thanks.

When you download from the App Store, you get a Lion Installer icon in your dock and the application itself (Install OS X) in your Applications folder.  You should move or copy the Installer from the Applications folder to your desktop (or elsewhere), because once you run it from the Applications folder it disappears.  If you have another computer(s), you can simply copy the Installer over to the other computer, avoiding the very lengthy download time.
Once the Installer is in your machine, you should be able to use it anytime.
I bought Lion, installed it, didn't like it, erased the disk and went back to Snow Leopard (with my complete clone), re-installed Lion to try it for another day, didn't like it, erased the disk again and went back to Snow Leopard.  Now I'll probably wait for 10.7.2 or 10.7.3, to see if the problems I encountered have been fixed.

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