yes. install is the same. I tried it with SP1 before releasing preview 3. If it doesn't work, let me know. Make sure you follow all the steps though!
I'm getting a _TON_ of DEBUG entries regarding org.jboss.cache.eviction.LRUAlgorithm
Where/What is the attribute to set to change this to INFO or something lower?
I'm guessing its in the ejb3-entity-cache-service.xml file but I'm not sure.