I have the 17, and I had the 15 before that (and the Pismo before that...). I certainly don't find the 17 too big or heavy to carry around, it gets slung in my bag every day and moves with me from lecture to lecture in the Uni. Recently I spent an hour editing and burning a DVD for my brother in laws first hang gliding lesson, right there on the mountain (well, in the van actually), by the time we'd got back to the house, he could show the family what we'd been doing.
I have to say, I only did that cos I thought I ought to be able to, but it worked a treat.
I would agree that the 17 is probably too big/heavy if you're small, but at 6'ish and 13.5 stone I find it a breeze, I don't use a second monitor or mouse, and I find it the most complete laptop I've ever owned.