[brentjanderson]

Deployment depends on where you want to run it. Builds into tarballs that can be deployed pretty directly onto EC2 or other hosting services. It does require a VPS or equivalent system (LAMP hosts won't run Meteor). I understand Heroku can be a little more complicated as well. That said, Meteor's self-hosting option is pretty good for getting started, and Amazon instances run it very well.

Also +1 on the Major Props to the Meteor team. They are a model team.