Just read this on Buybitcoin.com...
Should I download and use the Bitcoin app on my computer?
No. We do NOT recommend that you use the Bitcoin App (the program you can download).
It's not safe.
It's not reliable.
It's not for non-technical users.
Is this true? If I use their 'instawallet' instead (yuk, I hate insta...) then I guess I'm relying on them as a clearing bank and undermining the p2p nature of bitcoins. What's the real story?