It seems like a pretty big deal to me, especially if you have one of those 4GB consoles or limited space on hour HDD. Plus the article says "almost like" the PC and PS3 versions and they still won't tell you the size of the damn install, which I would imagine is significant considering the game is out in less than a week. ZERO CHANCE they don't know how big it is considering the game has already been pressed and in most cases sitting in store back rooms now. The fact that they won't tell you the size is alarming.
As for "a lot of PS3 games needing substantial installs", the last game I remember needing anything remotely substantial, besides the recent Rage's 8GB, was MGS4 and that was several years ago.
Bomberooski, I really think you should keep your eyes on this story. There's a reason EA has only been showing the PS3 console version at all trade shows.