Thanks, Magesh. That explains why it's big, but not why we have it in three places. ;-)
I think this is a result of how I integrated the console into the distribution. The console is included in the bundle project which is overlayed atop the AS distribution. At the time I did this, the console was less than 10mb.
Extracting the console from the bundle project will require changes to the distro (to transform the module.XML), the bundle project (to remove the console), and the installer (to prevent transformation of module.xml by default).
Sounds good. I wanted to check to see if this was required before filing a JIRA.