I have used Time Machine to restore my MBP to a larger HDD with great success, but am about to purchase a smaller SSD for it.
With the obvious caveat of not having more data than the SSD can hold, is there anything stopping me from going from a 500GB SATA drive to a 240GB SSD using a Time Machine restore?
It's a 2010 MBP running Lion 10.7.1, if that makes any difference.