Nah. Format the disk, bootstrap your root partition, edit some config files, install your packages, done. If you know what you're doing and have a fast internet connection, you're talking about 10 minutes to a working OS. Unlike Gentoo, which has a days-long compilation step.
You missed setting up a bootloader, which often is the most tricky part, sometimes due to some funny update in the freshest version of the ArchLinux which wasn't fixed yet. Bleeding edge and all.