Reinstall or Time Machine? How do I get back up and running? I just got an SSD for my White Unibody MacBook. What's the fastest way to get back up on running on 10.7.3 with a Time Machine backup (on an external disk via usb 2.0) and a Lion 10.7.0 DVD?

Can I restore directly from backup? Do I need to install 10.7.0 first? Do I need to run System Update after that, or will migration assistant install the patches for me?
A SuperDuper clone will be easy and will move your exact setup to the SSD. Put the new SSD in an external USB drive, format  the SSD in Disk Utility, and clone the boot drive onto it. You don't need to purchase SuperDuper as the Erase then Copy option works in the unregistered version. 

If your current boot drive data takes up more space than the SSD can hold then you need to delete files to slim it down or use a custom script in SuperDuper to exclude what you don't want transferred. 

After the clone is successful boot the computer with option held down and make sure you can boot from it. If that works shut it down and swap the drives.