Well, the antenna is up, attached using straps to the chimney. It went on very securely and I'll keep an eye on the straps and chimney for signs of rusting.
The antenna itself is light - 5-7lbs maybe, the mast is 10ft and adds more mass to it, but the whole thing is probably still 15-20lbs ma. Reception is better than the larger (and heavier) antenna that was on there before, but I attribute that as much to proper pointing at towers vs the antenna itself. It's probably 5' lower overall than the old antenna was.
We still have trouble, at times, with a couple of stations, but we can live with that as we aren't heavy TV watchers.