Well, it's not all sweetness and light after all.
Phone has crashed several times now. It freezes, followed by the message 'crash detected!!!! Ram dumping!!!', and it then performs a complete system dump, which takes a few minutes. Very irritating. This could be down to a few things...
1) I have a defective phone
2) I've installed an app on it called 'weixin' which is kind of like a free messaging software. I had to local install the app as Google Play says it's not compatible with my phone. It could be causing a conflict somewhere (this is total guesswork, I have no idea)
3) The current firmware for the Ion is buggy, and I am on a pre-release firmware
4) God hates me
I've just wiped the phone and am going to run it for a bit with no apps installed, just my Google account synced to it. See what happens. I wish the phone was already out so that I could flash another firmware to it! Guess being an early adopter really does suck after all....