Just got new iMac...problems

I bought a 17" 2.0 iMac on Saturday without knowing that new ones were coming. I exchanged it today for the new 20" model. They exchanged it happily and all I had to do was pay a restocking fee. I get the spinning beach ball when I open some programs, it lasts for about 2-5 seconds, is this normal? The internet is also going very slow but works fine on my XP, i dunno if its the computer or the fact that there in different rooms.

Please do not "restore the OS. IMO not good advice.
If you were using the iMac all that three hours, no, it probably wasn't because Spotlight was sharing that time with all the other things that you were doing. Let the Mac have overnight or a number of uninterrupted hours to itself to get the indexing done. Spotlight is how your Mac is able to instantly find things your are trying to locate. It has Gigs of Mac OS X, Apps and your data to index. Once that is finished it knows where everything is, and then just updates itself occasionally when you have added, deleted or changed things.

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